The CHF/JPY pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined channel pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support line of the channel after confirmation. Ideally, this would be around 169.90 or lower if the price continues...
Pair Name : CHF/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Demand zone with a bearish FVG and a trend line. Waiting to see if the demand hold for a buy up to the 170.500 area
This can be the possible bullish move for CHJPY after mitigating this POI. The Setup is valid on 15 min time-frame. Look for LT confirmation before Entry.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The price perfectly fulfilled my last idea, and it went up towards the resistance and hit TP. The price is overall in the range phase on the 4H timeframe, and currently it is pulling back to resistance after a massive sell-off or impulse leg. I think that the price might fall from the key resistance zone around the 170.000 and upward trendline as well as the upper...
Hello,Friends! The BB upper band is nearby so CHF/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 168.378. ✅LIKE AND COMMENT MY IDEAS✅
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I expect for now bearish price action after price filled the imbalance and rejected from bearish order block + institutional big figure 170.000. Fundamental news: This week on Friday (GMT +3) will be released...
The CHFJPY pair is currently exhibiting a significant technical pattern known as a Bat Harmonic Pattern (XABCD). This formation is characterized by specific Fibonacci ratios between its key points, indicating potential trend reversals. Key Points of the Bat Harmonic Pattern: - Point X: Represents the starting point of the pattern. - Point A: Marks the...
LIGHT AT THE END OF THE TUNNEL FOR THE YEN? With lots of news on intervention, could this be a turning point for the yen in the coming week, month? Some bet on the yen strengthening next week for me.
Hello,Friends! We are now examining the CHF/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 167.914 level. ✅LIKE AND COMMENT MY IDEAS✅
Chfjpy is currently stalling at 169.718 region at which if we see chfjpy breach 169.293 and we see a pull back to the key level on the chart, i see chfjpy dropping.
Sell Idea Trend line Broken Download to 62 fibs accepts resistance TP 168,500
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
CHFJPY is now seems to be reverse its trend. As It previously showed RSI divergence and aslo formed a head and shoulder pattern
DAILY - Price went to daily zone of interest (SD) - Rejection candle / doji - Bearish MS WEEKLY - Bearish W / HS/ IC - SD zone 4 HOUR - Head and shoulders
1. Price Above 2 MA's 2. Price Above 200 MA 3. Nice bullish momentum candle 4. Currency Strenght Meter Confirmation 5. Trend Following Indicator Babypips Confirmation 6. PSAR Signal 7. JPY News Tomorrow as possible Catalyst 8. No strong resistance area above 9. Babypips BUY/SELL Confirmation 10. Stop Losses from Breakout traders taken on Lower Timeframe - M15 11....
The pair after its bull run has shown signs of weakness and after showing divergence on RSI the rising wedge pattern also appeared. A short entry can be taken this formation is complete and breakdown of the structure is shown by the market