CHF/JPY Gave 3 Hours Ago +60 Pips 0 Drawdown , New Entry Added !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Chfjpy!
CHF/JPY Giving Amazing Bearish P.A , Short Setup To Get 300 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
MarketBreakdown | EURUSD, AUDUSD, AUDNZD, CHFJPY
Here are the updates & outlook for multiple instruments in my watchlist.
1️⃣ EURUSD daily time frame 🇪🇺🇺🇸
The market is currently trying to break a solid rising trend line.
Its breakout – a daily candle close below will be a strong bearish signal
and will most likely push the prices lower.
2️⃣ AUDUSD daily time frame 🇦🇺🇺🇸
AUDUSD is trading in a bearish trend.
Since the middle of August, the market is consolidating, though.
The price is stuck within a horizontal range on a daily.
The pair is currently approaching a support of the range.
Its bearish breakout will most likely trigger a trend-following movement.
A daily candle close below that will confirm a violation.
3️⃣ AUDNZD daily time frame 🇦🇺🇳🇿
AUDNZD formed a bearish flag pattern.
The price is currently approaching its lower boundary.
Its breakout will be a strong bearish signal.
4️⃣ CHFJPY daily time frame 🇨🇭🇯🇵
The pair is trading in a long-term bullish trend.
For the last 4 weeks, the market is consolidating within a horizontal range.
After the last test of its support, we see a positive bullish reaction to that.
The market will most likely keep growing to the resistance of the range now,
while its bullish breakout will trigger a new bullish wave.
Do you agree with my market breakdown?
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CHFJPY : Short Trade , 1hHello traders, we want to check the CHFJPY chart. The price has broken the uptrend line and pulled back to the key level that the price has reacted to several times in the past. If the price cannot break this level and can stabilize itself, this area is a good place to enter a sell trade. We expect the price to fall to around 164,500. Good luck.
CHFJPY - AMD Pattern ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we can see the confirmation of the AMD pattern, as price accumulated for couple of weeks and now manipulated and rejected from institutional big figure 164.000. Now I want price to distribute higher.
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Chfjpy holding current band should have more upside if reversedWill be looking at h1 to go on long.
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CHFJPY I Potential to correct lower but will go up short-termWelcome 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.
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CHFJPY What Next? BUY!
My dear subscribers,
My technical analysis for CHFJPY is below:
The price is coiling around a solid key level - 164.29
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 165.55
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
CHFJPY - NFP Possible play.high probability of CHFJPY to move higher and tag PD AVWAP at NFP news.
idea is to go short when price rejects PD AVWAP and holds beneath it.
entry will be on the candle post news candle with SL above POC.
this idea is 100% dependent upon price tagging and rejecting PD AVWAP.
CHFJPY A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the CHFJPY next move:
The instrument tests an important psychological level 1.6656
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 165.53
My Stop Loss - 166.98
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
CHFJPY H4 | Falling from 50% Fibo?Based on the H4 chart analysis, we can see that price has just reacted off our sell entry at 165.41, which is an overlap resistance level that aligns with 50% Fibo retracement.
Our take profit will be at 164.47. The stop loss will be placed at 166.60 which is a swing high resistance
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CHFJPY Buy?Let's attempt a slightly more daring trade on the CHF/JPY pair, with a 20-pip stop loss – a modest amount considering the potentially substantial gains. Please refrain from harboring excessive expectations for this trade or similar outcomes. This is meant to be a light-hearted endeavor before the week concludes. Anticipate a potential loss on this trade, so I strongly advise against a significant investment .
To calculate a 1% stop loss of your balance, you use a lot size calculator. RR: 1:8.53
Prime Target: Carry Trades - except for the USDJPY!Sure, the Yen is overly weak on a trade-weighted basis BUT it is the least weak versus the USD!
E.g., For any intervention to be effective it ought target just about any other high yielding spread/pair EXCEPT for the USD!
Having established that, it is still far more likely that any intervention would target the USD/JPY directly than the rest, if for no other reason but for its success last September (2022). (Last September, dollar longs were extremely overcrowded which amplified the effects of that intervention, and then most of the cash went into carry trades.)
Times have changed, though, whether the BoJ will be willing to subscribe to that notion or not. (which is yet to be seen).
OK, so where does this potential paradox (or rather, just a dichotomy? ;-) leave one, in trading terms?
1) If there ever was a right time to trade the Japanese Yen against a basket of it's counterparts, now would be it! (Work has almost completed on just such a basket this time with correct weighing. ;-)
2) FX options (especially Gamma changes) have been gauging the potential market effects of the BoJ's various jaw-boning attempts (most of which were summarily ignored by the markets) in support of the Yen, rather accurately. "If it ain't broke don't fix it." Stick with it!
p.s. The CHF/JPY is a special case here (not quite a carry trade) as it's eye-watering rise is due to the same, deranged SNB policy which ended in tears, back in 1978-79. (... Switzerland slipping into a far deeper depression than it's trading partners, back then.)
CHFJPY - Bullish price action ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 164.000.
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CHF JPY LONGRisk 0.5%
TP1 = 1:3 RR
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The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
(Weekly backtest and review)CHFJPY on the retraceWe foresee CHF would continue to shine brightly against JPY.
However, with recent market sentiment, the momentum in shorting JPY is getting weak. CFTC report showing that shorting volume on JPY is on the decline since 18JUL.
Shorting JPY become a risky trade when the outlook is turning from strong sell to neutral.
CHFJPY next retracement level at
S1- 164.000
S2- 162.500 (H4 MA200 indicator support)
CHFJPY Buy opportunity unless the 1D MA50 breaks.The CHFJPY pair has been on a very strong and steady rise, supported by the 1D MA50 (blue trend-line) since the March 29 break-out. Our last signal was on April 28 (see chart below):
The situation hasn't changed and the trend remains bullish, aiming at a +8.00% extension. Our target is 171.000. If however the pair breaks below the 1D MA50, we will close it and open a sell instead, targeting the 1D MA200 (orange trend-line) at 152.000.
P.S. Notice the Rectangle pattern on the 1D RSI. Since the price broke and remains (to this date) above the 1D MA50, every test of the Rectangle's bottom is a buy opportunity.
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