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Pair: FX:CHFJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price has retraced to 61.8% Fib Retracement Level - Aiming for the lower Support trendline from the mid of...
It seems the situation is tie for Frank!!! I expect to see a correction wave...
A glimpse of the CHFJPY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Monthly - Bullish M active expecting to complete the Monthly -27 FC - Downside is that BOC is already tapped Daily: - Bullish M with IC - S&D zone in our favor *Downside is that BOC is reached from our impulse (-) *We can see that bears tried to kick in after tapping the BOC (-), but bulls were stronger Weekly: - Market structure / Trend : Bullish -...
RIP YEN. "Could intervention be close"? 2% - 4% is still massive though.
CHFJPY Poised to Rise Further The Japanese Yen is facing big challenges. It has extended its descending trend, reaching a fresh multi-decade low. Traders are closely watching the US Q1 GDP report and the Bank of Japan’s (BoJ) policy meeting for further direction CHFJPY benefited in the short term from this situation and is pointing to rise further as no one...
✅CHF_JPY is going up now But a strong resistance level is ahead at 171.69 Thus I am expecting a pullback And a move down towards the target at 169.58 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
CHFJPY will drop soon as it trades in a bearish flag. Be on the look out
This is the main structure of CHFJPY at the end of this week.
This can be the possible bullish move for CHJPY after mitigating this POI. The Setup is valid on 15 min time-frame. Look for LT confirmation before Entry.
Aligning the Fib(0.318) to the pullback end would give a clear entry to the upside when Fib(0) is broken. Direct entry.
Hello traders, we have a nice pulse to the upside and a wicked retracement over Fib(0.318). Price pulled back up over Fib(0) and broke it. Entry is back on retest of Fib(0)
CHFJPY is now seems to be reverse its trend. As It previously showed RSI divergence and aslo formed a head and shoulder pattern
Intraday Bearish Bias: After the price closed below the support level on a 4H time frame, am expecting the price to drop to (168.00).
Sell Idea Trend line Broken Download to 62 fibs accepts resistance TP 168,500
Based on the latest technical analysis for the CHF/JPY H4 (4-hour) chart, here's a bearish perspective: *Moving Averages:* - The *Simple Moving Averages (SMAs)* and *Exponential Moving Averages (EMAs)* are indicating a bearish trend with the price below key moving averages. - A *death cross* may be forming, where a longer-term moving average crosses above a...