CHFJPY signaling a bullish extensionThe CHFJPY pair traded exactly as we expected more than 1 month ago, rebounding on the 2021 Higher Lows trend-line and hitting out 147.500 target:
Today we see an impressive green 1D candle, indicating that the rally that started back then will have an extension. The 1D RSI indicates that we enter the final bullish leg of a sequence similar to June 2022. This gives a maximum upside at around +7.20% from the Higher Low. We set a target below it at 159.000.
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CHFJPY
CHF JPY | LIQUIDITY | DECRYPTERS HI welcome to Team Decrypters
== > We Are Expecting A down ward move for CHF JPY
--Double Top.
--End of Elliot Wave cycle ( So expect Bearish Correction ).
--ABC Corrective Move to Followed.
--DATA Based Bearishness.
--Divergences Along with Initial market structure Shift on HTF.
MY OPINION :- JPY will be Stronger SOON RELATIVELY
CHF/JPY Will Collapse! SELL!
My dear followers ,
I analysed this chart on CHF/JPY, and concluded the following:
The market is trading on 149.632 pivot level.
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 148.016
Recommended Stop Loss - 150.552
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
CHFJPY - 4hrs ( Sell Trade Target Range 320 PIP )💲Pair Name : CHF/JPY
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↘️ Short )
Type : Mid Term Swing
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🔰Bearish Break
149.500 Area
Reasons
- Major / M Turn level
- Visible Range value
- Major Channel Middle Band
- Inner Channel Upper Band
- Fibo Golden
- 3 Quarter High
🔰Bullish Reversal
146.200 Area
Reasons
- Major D / Turn level
- Visible range Hvn
- Month High Area
- Channel Middle Band
- Pattern Target
✅TS ❕ CHFJPY: under the resistance✅✅ CHF JPY again under resistance area.
The chart has broken the upward structure.
I believe that the price has reversed and will continue to decline. ✅
🚀 SELL scenario: short to 148.4 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
CHFJPY Next Possible MovePair : CHFJPY ( Swiss Franc / Japanese Yen )
Description :
Bullish Channel in Short Time Frame
Completed " ABC " Corrective Wave
Divergence
Break of Structure
Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Making its Retracement
NEW TRADE 🔥 CHFJPY ✨ COUNTER-TREND TRADE 🔥-SL @ 151.49 🚫
SLO @ 150.75 ⏳
SSO @ 149.40 ⏳
TP1 @ 146.75
TP2 @ 142.85
TP3 @ 140.33
TP4 @ 138.66
BLO @ 138.15
ADDITIONAL INFO:
00:00 Shout Out to @oktane
00:42 Curve Analysis is DT
01:00 Sell Orders
01:20 Position Sizing @ ~2-3%
01:50 Shaving 25% @ each TP
02:23 Add-On Sell Opportunities
02:54 Demand Zone
03:04 @oktane may not agree with me 😏
04:40 Boost, Follow, Comment, Join
CHF/JPY Running In 80 Pips 0 Drawdown , Important Update & EntryThis 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 - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for CADJPY.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
CHF/JPY At The Highest Place Can Sell From,Many Conditions FirstThis 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.
Why You Need DCA In Bull MarketsNobody needs to be 100% Right to make money.
After all, you'll never pinpoint pick prices to the .cent.
It's just not how things work. You need to spread yourself out and achieve good prices.
That's because ultimately, people liquidate longs and the market slides.
Be Ready and use DCA properly.
CHFJPY - Strong Resistance - Bearish Reversal! Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
CHFJPY is sitting around a strong daily resistance, so we will be looking for sell setups on lower timeframes.
on H1: Right Chart
CHFJPY is formed a channel in red but it is not ready to go yet.
🏹 For the bears to take over, we need a momentum candle close below the last major low in gray.
Meanwhile, until the sell is activated, CHFJPY can still trade higher and even break the resistance upward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHFJPY Technical Analysis: Potential Sell SignalThe CHFJPY pair has reached a strong resistance zone and is now forming a flag pattern with a clear divergence on momentum indicators. It has also formed a double top pattern, waiting for a breakout of the pattern to the downside and a breakout of the uptrend line to confirm a good selling signal.
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