CHFJPY sell idea in the 4h timeframe. Direct perspective analyzing each of the Six major Segments in Price that, in summation, comprise the (relevant) historical price of CHFJPY to date.
I have entered a short position on the CHFJPY currency pair as the price has reached a supply zone. This decision is based on my analysis of the chart, which indicates that the price has encountered a significant resistance level.
Upon careful examination, I have identified that the price has approached a key area where selling pressure is likely to outweigh...
My dear subscribers,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 170.01 pivot level.
Bias - Bullish
My Stop Loss - 169.51
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish
Target - 170.90
About Used Indicators:
The average true range ATR plays an important role in...
CHFJPY testing 171.5 as a potential resistance zone. the longer it holds 170 the next time may look to not be shorting chfjpy anymore at the same level
💵Pair Name : CHF/JPY
Time Frame : 4 hrs
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 ( Short ) Mid Term
Type : Mid Term Swing
——————————
Bearish Break
170.250...
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 169.819 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% retracement and the 100.0% projection.
Stop loss is at 168.700 which is a level that sits under a swing-low support.
Take profit is at...
Looks like the upside momentum is gone and we should see a drop now. Also MACD hist. is pointing downwards, which gives us a hint at future price movement.
The triple top trading pattern is a technical analysis pattern observed in financial markets, particularly in chart analysis. It is considered a reversal pattern, indicating a potential change in trend from bullish to bearish.
The triple top pattern occurs after an uptrend and consists of three peaks at approximately the same price level. The highs between the...
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...
