Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CHFJPY. CHFJPY has breaked the main Rising Wedge Pattern and now this is ready for a good breakdown. We can see drop here upto 200Pips+. Keep in touch we will update further soon.
Initiate sell Positions in layers till red zone .If price breaks the trendline and close above then exist. and wait for the retest then initiate longs.
This is a my Setup for CHFJPY after market given CHoCH from a major OB. I am going to target 171.580 which is the our Higher High.
price has broke our trendline and from the current price level, price cloud move downwards towards our target level.
: 1. **RSI Crossover Strategy:** - RSI Length: 24 - RSI Moving Average Length: 150 In a typical RSI crossover strategy, traders often look for signals when the RSI crosses certain thresholds (e.g., 30 for oversold and 70 for overbought). In your case, with a length of 24, you might consider buying when RSI crosses above 50 and selling when it crosses...
We will take it from the top, on a weekly TF we expect price to run back to the first support level at 138 Trade safe, good luck.
expected chfjpy to go long ,if it makes the confirmation candel on above level
CHF/JPY Has been in an uptrend for a couple of years now. YEN still showing weakness for now. BUY in a trend and this trend has never stopped. This is an impulse which is now in a correction. Looks to be in an ascending triangle. looking to top the daily channel for TP. Let me know what yous think... Happy trading! 3 Contracts entered
Hello everyone ... Use good RISK management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
My dear followers, I analysed this chart on CHFJPY and concluded the following: The market is trading on 170.53 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 170.98 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
CHFJPY H4: BEARISH WATERFALL IS AWAITING ANXIETELY Following are the best targets in the sell zone for the sellers. BEARISH ANALYSIS AND FORECASTING LOW RISK TARGET 168.388 MEDIUM RISK TARGET 167.054 Note: Keep following me for more updates and information about different pairs of the market. (Forex, Indices, Crypto..........)
Hello,Friends! The BB upper band is nearby so CHF-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 166.712. ✅LIKE AND COMMENT MY IDEAS✅
Dear traders CHFJPY:- 1D HH, 4h trend line breakout and retest 170.100 and 1h morning star pettern Entry =170.225 Target = 171.133 Stoploss =169.727
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Hello friends In the currency pair CHFJPY we see a very clear 5-wave pattern. In wave 5 we see a terminal triangle pattern. This pattern is always seen in wave 5 and wave C of the zigzag pattern. This template is currently being completed. We expect the breaking of the upward trend line and pullback to it and the start of a downward trend, which usually corrects a...