Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 165.000. Like, comment and subscribe to be in touch...
JPY has a reversal to Strong side in Asian morning today, so most of JPY pairs will drop as well. From our screener, CHFJPY has the best momentum to downside and here is the trading plan as shown in the chart for intraday strategy. Moreover, Both MA in our Trend indicator shows Pink colors, it is in downtrend right now. Normal, if the price touch the thinner MA,...
Entry : 164.210 SL : 165.400 TP : 159.100 RRR : 1/4.2 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
A supply order is ripe at165.719 where FVG is filled giving the structure a good balance to short more than 150 pips to retest the Daily EMA-20 or the 4Hr EMA-200.
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to go a little bit higher to take out liquidity above equal highs and to fulfill the imbalance and then to reject from 1H bearish order block. Like, comment and subscribe to...
Is CHFJPY exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 163.6 followed by 162.70 What you guys think of it
Hello Everyone 🙋🏽♂️ Sell order 🟢 161.600 🟢 159.000 🔴 166.600 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻♂️ Best Regard / EMA Trading...
As you can see, the price hit the bearish order block and because of the market structure, we can expect the price to move down for collecting liquidity as sell side liquidity. 💡Wait for the update! 🗓10/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
looking bearish trend in 4h timeframe beause descending channel follow
These lines I drew make a pretty picture for sure 😊. But the big question is am I reading the price action correctly and are my expectations reasonable? We will find that out soon. My daily chart shows clearly how I read the movement in this pair so far and what I expect next. However, here are a few main points: Triple top followed by a series of lower...
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fulfill that huge imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content
Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
We maintain an overall bearish on cross JPY pairs. Though we missed an entry last week, there are premium sell opportunities we can exploit in the coming days. Once we have a second break, we will look for sell limit orders once the bullish correction move is complete. In the even the bearish move breaks lower then we either wait for a consolidation and a break or...
Waiting for a retest of 163.837 to short CHFJPY back to key 4H low at 161.973 If you agree drop a like and if you have any questions leave a comment :)
CONFLUENCE 1. Major Down-Trend with another minor DOWNTREND. 2. Previous Daily Candlestick breaks the last 7 candles structure and last 2 swing low. 3. Swing Low Break of Structure on Daily Timeframe. 4. Order Block highs is the Swing High. 5. Order BLOCK created a very wide FVG/imbalance right beneath itself in cause of an "Order-Flow" which is pulling back price...
This is a follow-up to the idea I presented last month regarding this pair being severely overbought on longer timeframes. The existing price action strongly suggests that a downward cycle is imminent. Here's my rationale. In the past three weeks, each weekly candlestick has initially surged to new highs before experiencing a significant selloff in the second...