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Chfjpyforecast

20 Reasons for sell CHFJPY MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: The trend is Super bullish and also taps the highest Ob or resistance so that a reversal can start now-massive volume at the last 12-month candle sign, an execution volume sign of long deep retracement or correction Monthly: Last strong Bull move hit its target successfully, and now a deep correction is coming. The correction level is some whare 123.00, about 61% of the total move, because there is no FVG or Ob and other support. Weekly: A lot of liquidity grabs and long wicks bears candle appeared on the top, make back to back higher lows since the last 10 weeks SUMMARY 1 Structure analysis time frame: D1 a rectangle is formatted most probably lower trend line will breaks and prices will go done 2 target time frame: daily 3 Current Move: impulse 4 Entry Time Frame: H4 4.1 Entry TF Structure: bear 4.2 entry move: impulse 5 Support resistance base: h4 ob tap 6 FIB: 7-candle Pattern: Narrow range 8 Chart Pattern: head and shoulder 9 Volume: extremely high volume at the consolidation phase. It's strange and unusual. It means if the price may go down, it will be so sharp and perpendicular 10 Momentum UNCONVENTIONAL Rsi: super bearzone start 11 Volatility measure Bollinger bands: Walking on the band 12-strength ADX: bear 13 Sentiment ROC: JPY is weaker than CHF. This is not favorable but let see 14 final comments: wait till the lower trend line breakout immediately enter after the breakout 15: decision: sell 16 Entry: 144.785 17 Stop losel:146.345 18 Take profit: 134.55 19 Risk to reward Ratio:1:7 20 Excepted Duration: 15 days
Short
by Optimum369
20 Reason for Sell CHFJPYMULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: The trend is Super bullish and also taps the highest Ob or resistance so that a reversal can start now-massive volume at the last 12-month candle sign, an execution volume sign of long deep retracement or correction Monthly: Last strong Bull move hit its target successfully, and now a deep correction is coming. The correction level is some whare 123.00, about 61% of the total move, because there is no FVG or Ob and other support. Weekly: A lot of liquidity grabs and long wicks bears candle appeared on the top, make back to back higher lows since the last 10 weeks SUMMARY 1 Structure analysis time frame: D1 a rectangle is formatted most probably lower trend line will breaks and prices will go done 2 target time frame: daily 3 Current Move: impulse 4 Entry Time Frame: H4 4.1 Entry TF Structure: bear 4.2 entry move: impulse 5 Support resistance base: h4 ob tap 6 FIB: 7-candle Pattern: Narrow range 8 Chart Pattern: head and shoulder 9 Volume: extremely high volume at the consolidation phase. It's strange and unusual. It means if the price may go down, it will be so sharp and perpendicular 10 Momentum UNCONVENTIONAL Rsi: sideways between 30 to 60 11 Volatility measure Bollinger bands: middle band resistance 12-strength ADX: full sideways 13 Sentiment ROC: JPY is weaker than CHF. This is not favorable but let see 14 final comments: wait till the lower trend line breakout immediately enter after the breakout 15: decision: sell 16 Entry: 144.785 17 Stop losel:146.345 18 Take profit: 134.55 19 Risk to reward Ratio:1:7 20 Excepted Duration: 15 days
Short
by Optimum369
CHFJPY Bullish Pattern Repetition Hello traders, In today's article, I'd be sharing my analysis on CHFJPY and the reasons for my bullish bias . Here on the daily timeframe, we see a market in an uptrend as indicated by the ascending trendline. But what's more interesting to see is how we have seen a pattern repetition every time the market pulls into the ascending trendline. We see a double bottom at every test of the trendline, and as with the rule of trading double bottoms, we would most likely be waiting on the retest/corrective move of this pair to test what retailers would consider "the neckline" of the W pattern. Alternatively, for those who use Fibonacci, we'd be anticipating a correction to either to 38.2%, 50% or 61.8% fib level and look for trend continuation inside the zone. If this helps, please don't forget to drop a LIKE for us and support us for the release of more educational contents.
Long
by Tradeforpipsfx
2
CHFJPY Buy/Long1: Trendline Breakout 2: Symmetrical Triangle Pattern Breakout When looking at the larger time frames, we can see that CHFJPY is bullish . We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend. We have listed 2 reasons as to why we will be looking to buy the pair. The trendline breakout on the daily chart signals shows the pair might have gained interest of buyers. The symmetrical triangle pattern breakout further adds to our narrative of a continuation to the upside.
Long
by NDOBObanks
1
CHFJPY | Perspective for the new week | Follow-up detailsThis is a follow-up video to my previous analysis on the CHFJPY where we were able to close last week with about 130pips profit as the Yen continues to gain traction. So, after testing its highest point since 1980 - just right above the 151.00 area last week, the price has continued to find lower lows and lower highs. Will the BoJ's intervention continue to have a positive impact on the Yen in the coming week(s)? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
CHFJPY | Perspective for the new week | Follow-up detailsAfter testing its highest point since 1980 - just right above the 151.00 area last week, the CHFJPY lost over 600 pips to signal a risk of further decline as projected in my previous analysis on this pair (see link below for reference purposes). Will the BoJ's intervention in the FX market signal a boost for the Yen in the coming week(s)? This video illustrates the trading option I am looking forward to in the coming week(s). Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
Looking To SELL CHFJPY Above 146 (Only If This Signal Occurs)We have to go all the way back to 1980 to see the last time the CHFJPY was at current leveks which is pretty insane as have all yen cross pair moves this Year and picking tops is very risky hence waiting for the correct signal is important. Looking at the monthly charts we are now in a SUPPLY area from 1980 on daily charts we have broke out off a congested period to new highs and likely to push up above 146 towards 147 which is were i will be waiting for a SELL signal on my custom price action indicator on Daily or Weekly chart when the signal occurs I will place STOP above 151 and will target the 134 area. The indicator when inside keys areas give very high probability signals so I will wait for a Daily or Weekly signal the higher the timeframe the signal the better
Short
by TheFxAce