💵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 .
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...
A bearish divergence has been created in M15 chart. Observe price action now. If match it with your entry criteria you can go for sell.
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...
Price appears to be overbought, we could expect price to drop in the coming week.
Best place to sell but with consideration for large accounts and ordering in small lots. This is one strategy I have found to be great
Idea Long Trade Trend line fibo 61.8 retracement Support 4H
Hello,Friends! Previous week’s green candle means that for us the CHF/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 170.641. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for CHFJPY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 171.110. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
Price was ranging in a triangle wedge, price broke out now at the test line. Still long on this pair. Price target around the 172-175 range.
Price has been in correction phase on chfpy for more than a week currently it's tested the upper trendline making it a third touch. The upper trend line that serves as a resistance zone is validated on 1 hour time frame by a close of a bearish candlestick. I will be waiting for formation of a bearish continuation pattern on 15Min/5Min to provide me an opportunity...
On this 1H chart for CHFJPY we can notice that the price has been moving in an up trend channel for a while now. Recently it dropped to test the up trend support. At this stage the price is forming a potential double bottom. Monitor it for a potential breakout. Additional confluences: - MACD can produce a bullish cross if the price starts going up to complete...