CHFJPY making Bearish BAT Pattern We can take short entry SL , TP mention in chart
Hello traders and welcome! I hope you're all having a fantastic trading week. Today, let's take a closer look at CHFJPY on the 4-hour chart, as it's presenting a promising trading opportunity. On the 4-hour chart, we can observe the formation of a compelling 3 drives bearish pattern. Initially, the price seemed to ignore the bearish scenario, but subsequently, a...
FX:CHFJPY encountered resistance, failing to close above its recent high and exhibiting signs of rejection. Despite bears reclaiming today's gains, retracement volume remains relatively low. Awaiting a more convincing volume, my strategy involves observing a retest of the 171.00 level. A bearish candle with significant volume at this point could serve as a sell...
Hey guys! its your girl forex potatoe. I have not posted throughout this week and thats because the market setups never gave me a signal to enter the trade. I am currently on a sell on NZDCAD, i posted my setup for audcad but i missed an entry but NZDCAD gave me an entry so i entered on there instead. So for CHFJPY if you check my posts you'd see i have been...
CHFJPY H4: CLEAR REPRESENT FALL IN THE DEPTH LINE HERE. CHFJPY H4 Chart Pattern clear represents the fall in the price. Chart Pattern and Technical and Fundamental Analysis targets are provided down below: FALL IN THE DEPTH LOW RISK TARGET 166.948 MEDIUM RISK TAEGET 165.768 Note: Keep following me for more updates and information...
Here I see this pair breaking out of a major turn level and supply zone. This is a possible 300pip move. The best entry point is where I have my sell stop. Sell stop @ 170.800 SL @ 171.150 (35 pips) TP1 @ 169.800 Tp2 @ 169.300 Final TP @ 167.800 (300 pips) Please use proper risk management! Goodluck!
CHFJPY is decelerating at the resistance level. It created a double top. The market essentially made a false breakout of the psychological level of 171.000. The market created divergence on the 4-hourly chart, meaning we might see a sharp bearish move. We expect a bearish move that could potentially breakout the ascending channel. ------------------- Share...
Hello traders welcome back since i published live stream yestarday in live signal of GBPUSD sniping we all hit and kill the market. inside the analysis one of my audiences asked me this pair that i am sharing with you and explained to my analysis it was nice setup but was not the perfect timing how ever now the trade is ready and submitted all my confirmations so...
I am expecting price to clear the Imbalance. I don't think price to go lower then 168.850. The final Target will be 171.490 . Price already cleared the Daily FVG and i am expecting it to react and go higher.
I have taken a long position in the CHFJPY currency pair as the price has touched a demand zone. This decision is based on a thorough market analysis, where I have identified key indicators and trends indicating the potential for an upward movement. By strategically entering this trade, my aim is to capitalize on this favorable opportunity, leveraging my...
The CHFJPY pair has been showcasing a significant breakout early this year, surpassing the crucial 170.500 level. After reaching a peak at 171.484, it retraced to 169.766, where it demonstrated a classic "base-rally-base" price action, underpinned by substantial volume, confirming its bullish momentum. As it now positions itself above the 170.500 mark once again,...
Forecast from previous week: Monthly: - Bullish M - IC is tapped Weekly: 1. Bullish trend 2. Bullish zone (break and retest) = (very clear to see with replay button) 2/4 criteria with backup from clean monthly + trading with the trend Daily: - Bullish M - Clear impulse correction (shows me that bulls are still there and stronger then the bears...
Is CHFJPY exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 170.40 followed by 169. What you guys think of it?
Expecting to see a drop followed by change of character to the downside .. And follow break of a structure to the Lower Lows. Happy trading '24
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 169.142 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 167.923 which is a level that aligns with the 38.2% Fibonacci retracement level and sits under a pullback support. Take profit...
CHFJPY isn't a pair I typically trade, but I'm sharing this analysis by popular request from my followers. My trading approach is all about simplicity – if the market's signals aren't crystal clear, I hold back. That's why I always emphasize patience as a virtue and knowledge as your key to success. After all, if you don't win, at least you don't lose. 🙂 On the...
A rising wedge is taking shape in CHFJPY, accompanied by a noticeable divergence on the chart. There's a likelihood of a reversal in the upward trend. I am prepared to enter the trade upon the breakout of the trend line. I'm curious to hear your thoughts on this setup. Cheers!
Daily: BM + Clear impulses up + Clear corrective pullback + Above previous resistance zone Trade to beginning of correction? Weekly: 2/4 LONG MS: Bullish trend (impulses up) FIB: Bullish LCC: Indecision S&D: 50/50 - previous resistance currently acting as support 4H: IHS?