Chf-jpy
CHFJPY potential for short pullback! | 3rd Jan 2022Prices are consolidating in a parallel channel. We see the potential for a dip from our sell entry at 126.427 in line with 127.2% Fibonacci extension and 161.8% Fibonacci Projection towards our Take Profit at 122.115 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci retracement. RSI is at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
⚜ CHFJPY SHORT 580pipsHello Traders, 🙋♂️🙋♂️🙋♂️
Here we have a CHFJPY long trade idea. If you like this idea please show your support!
CHF
The Swiss Franc CHF has been very strong recently. We are expecting this bull run to come to an end as we can see a clear parallel channel & we are at the top of this. Therefore we are expecting CHF weakness.
JPY
The Japanese Yen JPY has been very weak recently and we can see some potential strength coming from this currency. We are anticipating JPY strength which will push this pair downwards.
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
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CHFJPY Correction Incoming!CHFJPY has met it's long term upper trendline, is showing oversold on the Daily RSI, 4H and 12H, and even the weekly RSI is at 69.98.
We also see strong bearish RSI divergence on the Daily.
JPY has been the biggest loser of the major currency pairs in the past month and in fact the past year, but for shorter term outlooks JPY looks due for a correction against a number of other currencies and my targets of choice are CHF and possibly USD.
This is NOT financial advice. You are responsible for your own trading decisions.
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Let me know what you think in the comments below!
CHF-JPY-H4- UP Trend comes to the END! Enter 2022 with a profit!Happy New Year All!!! This New Year we are starting with a new strategy (G Money), new TP range and new targets.
CHF JPY H4 chart is provided in the most simplistic way for your quick visual assessment and for anyone easy to understand & read.
It is right time start closing Buy trades or start closely monitor. Trend running out of the steam and it is ready to enter consolidation stage.
I do start monitoring closely my opened BUY TRADES. I did close some of them with TP 3000+ pips already and rest of them going to be closed on the first sign of reversal (still with TP 3000+ pips.)
I think, Next going to be consolidation period and reversal in the End.
CHF- JPY H4 charts going to be updated and posted after trend reversal established.
Strategy has been back tested until I did run out totally dry on historical trading data. Some minor human errors still happens due lack of concentration, tirednesses.
I do wish You All a very Successful trading in 2022!
PS:
Never trust 100% any TA, keep safeguards On, like as SL, TP , Alerts. In two words: Be smart!
TA analysis are not available for a public due testing, fine tuning & adjusting stage still in the progress.
It is not a financial guidance, advice or investment option. It is just an IDEA! ;)
CHFJPY - In Trend Engulfing Long Setup 4HCHFJPY has formed a perfect in trend engulfing long setup on the 4 hour time frame.
The engulfing candle formed December 23rd at 8am (closed at 12pm noon) engulfed 3-5 previous candles.
A perfect rejection and wick through 61.8% retracement level confirms this long setup.
Entry is at the 61.8% retracement level.
SL is set 2 pips below the engulfing candle low.
TP is set at 3X the risk.
Very similar setup to EURJPY which confirms JPY weakness.
CHFJPY potential for dip! | 21 Dec 2021Prices are on bearish momentum. We see potential for a dip from our sell entry at 78.6% Fibonacci extension towards our Take Profit at 123.067 in line with 78.6% Fibonacci retracement . Technical indicators are showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CHFJPY potential for dip! | 21 Dec 2021Prices are on bearish momentum. We see potential for a dip from our sell entry at 78.6% Fibonacci extension towards our Take Profit at 123.067 in line with 78.6% Fibonacci retracement. Technical indicators are showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CHFJPY potential for bounce! | 20 Dec 2021Prices are consolidating sideways. We see the potential for a bounce from our Buy entry at 122.705 in line with 100% Fibonacci extension towards our Take Profit at 123.715 in line with 78.6% and 50% Fibonacci retracement . Technical indicators are showing bullish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CHFJPY potential for bounce! | 20 Dec 2021Prices are consolidating sideways. We see the potential for a bounce from our Buy entry at 122.705 in line with 100% Fibonacci extension towards our Take Profit at 123.715 in line with 78.6% and 50% Fibonacci retracement. Technical indicators are showing bullish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CHFJPY bullish breakout | 16th Dec 2021Price is currently, forming a ascending triangle, signifying a potential bullish breakout or reversal. We can expect price to push further up from pivot level in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards take profit level in line with 161.8% Fibonacci projection. Our bullish bias is further supported by the RSI indicator where it is abiding to the ascending trendline support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CHFJPY can break the range? 🦐CHFJPY on the 4h chart after the test of support level is moving to the upper structure creating a range trading.
According to Plancton's strategy if the price will break above and satisfy the ACADEMY rules we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
CHFJPY can move higher? 🦐CHFJPY on the 4h chart after the test of the 0.786 Fibonacci level is moving to the upper trendline of the daily wedge.
According to Plancton's strategy if the price will break above and satisfy the ACADEMY rules we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Today’s Notable Sentiment ShiftsSafe Havens – CHF and JPY weakened across the board on Monday, as concerns surrounding the Omicron variant of the coronavirus eased after reports stated that the initial observations of patients suggested that symptoms were predominantly mild.
Bannockburn Global Forex noted that “the absence of negative developments surrounding Omicron over the weekend appears to be helping markets stabilize today after the dramatic moves at the end of last week.”
Possible trend shift in CHFJPY – going short | 6th DecSignal ID: 78549
Time Issued: Monday, 06 December 2021 01:00:00 GMT
Status: open
Entry: 122.687 - 123.089
Limit: N/A
Stop Loss: 123.619
The Tidal Shift Strategy has just sold CHFJPY at 122.888. The system recommends entering this trade at any price between 122.687 and 123.089. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.759, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.161, so the stop loss has been set at 123.692. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
Possible trend shift in CHFJPY – going short | 6th DecSignal ID: 78549
Time Issued: Monday, 06 December 2021 01:00:00 GMT
Status: open
Entry: 122.687 - 123.089
Limit: N/A
Stop Loss: 123.619
The Tidal Shift Strategy has just sold CHFJPY at 122.888. The system recommends entering this trade at any price between 122.687 and 123.089. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.759, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.161, so the stop loss has been set at 123.692. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
A divergence signal appeared with CHFJPYH4 time frame.
Structure: Uptrend.
At the price of 122,500 CHFJPY formed a divergence signal with the MACD indicator.
Wait for the price to break the Key level at 123,700 and appear a confirmation signal, then you can find a buying opportunity.
The profit target is the price zone of 126,000.
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Wish you all have a good trading day!
CHFJPY potential for bounce! | 2 Dec 2021Prices are approaching our buy entry at 122.346 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. We see potential for a bounce towards our Take Profit at 123.552 which is an area of Fibonacci confluences. RSI is at a level where bounces previously happened.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CHFJPY Potential for dip! | 1st Dec 2021Prices are on a bearish momentum and abiding to our bearish trendline. We see potential for a dip from our sell entry at 123.336 78.6% and 38.2% Fibonacci retracement towards our Take Profit at 122.385 in line with 61.8% and 38.2% Fibonacci retracement. RSI are at levels where dips previously happened.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.