The CHFJPY pair is trading above the 1D MA50, holding it tightly for the past 10 days. Technically that is the long-term Support trend-line since March 29, while the long-term pattern has been a Channel Up. As long as the price is trading above the 1D MA50, we are bullish, targeting 171.000 (+8.00% increase). If the price breaks below the bottom (Higher Lows...
CHFJPY is falling towards a multi-swing-low pullback support and could potentially bounce off this level to climb higher. Buy entry is at 164.096 which is a pullback support. Stop loss is at 163.400 which is a level that aligns under the 78.6% Fibonacci projection level. Take profit is at 165.457 which is a recent swing-high resistance. High Risk Investment...
CHFJPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 164.259 which is a pullback support that aligns with the 78.6% Fibonacci projection level. Stop loss is at 163.800 which is a support level that aligns under a confluence of Fibonacci levels i.e. the -27.2% expansion and the 100.0% projection...
i think price would go down at this point this position is very risky..i am predicting :D its wrong work anyway pay attention to this chart pattern :)
Hello Analysis of Swiss Franc vs Japanese Yen The analysis based on Elliott waves in the medium and long-term time frame is in an upward direction and there is a possibility of a correction as wave 4 and it can again move towards the number 170,000 as wave 5 and the last and enter the fall. become original and reach the range of 150,000.
Symphonic Pattern : Probable pattern with strong and repeatable probability in the markets. This type of pattern is obtained based on mathematical and statistical calculations on past pivots and waves.
*please be sure to remember that today we have FOMC meeting and they are going to announce funds rate and their policies for coming meetings with a high possibility of a lot of movement in all pairs. As you can see in the chart price broke above short-term bearish trendline with strong 4H time frame Marubozu like candlestick which revels buyers strength. This...
It seems that the downward trend is still continuing, I think there is another opportunity to enter to sell. Probably from the range of 164.670 to 165, it will be entered for sale and it will go up to the specified range. Of course, all this is a hypothesis
CHFJPY is trading in descending channel and printing consistent LLs LHs. currently the price is facing resistance from channel trendline which is also a strong resistance zone. If the sell momentum continues the next target could be 164 region. What you guys think of this idea.
Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. QUICK UPDATE ON CHFJPY As we can see price got stuck inside this rangy market. Meanwhile, as the price will be approaching our upper bound range, we will be looking for new bearish movements on lower time frames. Moreover,...
#CHF/JPY | Sell Opportunity | Potential 3R We are approaching a nice order block for although we need to confirm a reversal before committing to the short - anything from a nice reversal candle, the overbought MFI coming back below 70 or ideally a bearish divergence. ENTRY | 165.170 TARGET | 164.690 STOP | 165.323
Long CHFJPY 4h Prices are preparing to rebound from 200 MA Entry: 164.836 TP1: 165.39 TP2: 166.18 TP3: 166.25 #chfjpy
Adjust your stop lose to below the 200MA, a few hours after you are in profit... To make your trade risk free...
Symphonic Pattern : Probable pattern with strong and repeatable probability in the markets. This type of pattern is obtained based on mathematical and statistical calculations on past pivots and waves.
1. Identifying Market Trends: The first step to analyse the forex market is to identify the global trend. Smart money always moves with the trend, knowing that profits are always higher when market direction is known. Tools such as Simple Moving Averages or Trendlines can help to identify market trends. 2. Volume Analysis: Smart Money concept involves looking...
update SELL CHFJPY NOW ✅ STOP LOSS : 165.28 TAKE PROFIT : take profit will be when the trend comes to an end and will be shared with my vip members .. Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
CHFJPY is on a strong bullish trend playing inside a channel which is about to look for a possible retracement to the downside with a perfect breakout on the trend line/lower boundary formed. Here we expect a decent 38%-50% correction leg to be created to the downside.