A short position can be taken on the specified levels
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 170.431 level. ✅LIKE AND COMMENT MY IDEAS✅
If the pair make this move as shown, I'm confident to take a short on the spot. However, if it goes further below that recent low, then my setup is invalid.
#CHFJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CHFJPY. CHFJPY is making ascending channel Pattern and now this time this is at the top. It has maximum Chances we can see a good drop in price. In this move we can see gain upto 200Pips+. Keep in touch we will update further soon.
Price is rising toward our bearish order block of 171.352 a pullback resistance that aligns with the 61.8% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 169.197. If price breaks above the pivot, it could rise to 1st resistance at 171.864, a swing-high resistance level
This is my Setup for CHFJPY on 1 Hour time-frame. Market broken to upside which is one of the indication to go Long and we have liquidity of equal lows for market to clear out.
Hello,Traders! CHF-JPY is making a Pullback from the horizontal Resistance of 171.800 from Where I think we will See a local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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...
The CHF is one of our strongest currencies, performing better month by month whereas the JPY is the weakest
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
CHFJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell CHFJPY Entry - 171.17 Stop - 171.49 Take - 170.44 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
💵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...
Expecting CHFJPY current Week close above current week open.
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...
Ofcourse im doing my thing right here is seeing the pattern & attacking , this is just after FOMC earlier ,Im seeing this in the 4hr timeframe .