After mitigating the OB, CHFJPY went up to break the structure which shows a bullish moment, in this setup I have identified a single POI which I think market must mitigate in order to continue its Bullish momentum.
CHFJPY could continue to rise to the swing-high resistance, from there it could react off and fall to the take profit level. Sell entry is at 171.323 which is a swing-high resistance. Stop loss is at 171.658 which is another swing-high resistance level. Take profit is at 169.964 which is swing-low support level. High Risk Investment Warning Trading Forex/CFDs...
Hello fam, i have an idea of 2 possible ways to go. Green arrow bounce of support twice before take off, or yellow arrow bounce once and then khabom?? this is only my brain thinkinh, this is only idea, im still newbiee show me some love :D
CHFJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell CHFJPY Entry Level - 171.15 Sl - 171.51 Tp - 170.29 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Overview Most Yen pairs are at or nearing key resistance on daily, weekly, and monthly time-frames. The Details The Yen continues to weaken against global currencies due to negative interest rates set by the Bank of Japan (BOJ) and higher interest rates from the RBA, RBNZ, ECB, BOE, SNB, FED, etc. The BOJ are edging closer to changing rates to zero or...
Some idea came to my mind. The long-term trend is up. On the daily, it is obvious we are in a consolidation area. Weekly is bullish, Daily is bullish, but... Open the 4 Hour chart or the 2 Hour one and it won't be hard to spot all measured moves or AB=CDs. Each one of them was a great opportunity for a small stop-big reward trade. See the blue line that is...
CHFJPY is inn strong bullish trend since ling time and in range bound side ways looks like bullish flag pattern on 4 hr time frame can be a good stop buy BUY STOP 171.75 SL 169.91 TP 1 173.084 TP2 174.75
The market is overall in a bullish trend, and the price is heading towards resistance and a downward trendline. FX:CHFJPY updated swing highs and fixed above the key level at 170.000. I think the price may rise from the support and reach the resistance by taking trendline liquidity. I expect the market to make an extension upwards because on the 4H timeframe,...
chfjpy has reached our 1m inverse fvg + it also swept external liquidity now we will be heading for the previous weekly low
The market is overall in a bullish trend, and the price is heading towards resistance and a downward trendline. FX:CHFJPY updated swing highs and fixed above the key level at 170.000. I think the price may rise from the support and reach the resistance by taking trendline liquidity. I expect the market to make an extension upwards because on the 4H...
Hello,Friends! CHF/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level...
BBMA OA Strategy: H4 - Candle close Below MAHI H1 - CSM ((when candle close outside the Top/Below BB))/Candle Close below 50 EMA M15- wait for Reentry in MAHI or ReTest of Yellow Box Note: * 1:3 RRR (25 sl, 75 tp) *TAYOR
Hi viewers, CHFJPY price on zone, expecting to see break and higher bearish continuation till TPs TP1: 168.450 (160) TP2: 167.450 (260)
CHFJPY was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Hey Traders, in today's trading session, we are monitoring CHFJPY for a selling opportunity around the 170.500 zone. CHFJPY is currently in a downtrend and appears to be in a correction phase as it approaches the critical 170.500 support and resistance area. Now, let's delve into the fundamental analysis shaping this trade. One fundamental factor influencing...
When the price reaches the entry range You can enter sell position by respecting the risk
Ticker continues to progress within its constraints. This map looks so odd, I really want to see the levels broken, or a wild up to that level way up there. It is completely lacking of bisects or intersects, that's why I don't feel like there is going to be any action up there.
nothing looking good for jpy i believe all currency against the Yen will be longs short term.on the monthly time frame we simply retraced into a monthlybullish ob . i think we will head higher to at least take out the 20 day look back high that is also last months high