chfjpyHello everyone! My CHFJPY point of view.
We are in a strong bullish trend which is still valid pointing up.
In the recent past, the price has formed incremental retests of Higher Highs and Higher Lows.
Our eyes at Balance of Trade and Inflation Data of Japan, which in case they come to public worse than expected, they are going to rocket to the highs of 151 this pair.
Manipulation is going to get high with Long Wicks at the bottom I think so be cautious with SL levels.
Long Wicks whow wickness and rejections - Orderblocks, but at the same time they do show instant momentum, phsychology of masses and investors and they leave liquidity behind which must be tested soon or later.
Good Luck!
Chfjpylong
CHFJPY Ready to rocket Been forming a Falling Pennant in the last month...
This is a small triangular formation less than 3 months (hence it's a Pennant rather than a Wedge).
Once price breaks above, we can have a strong buy signal to hold until the first target.
Also the RSI is making higher lows and is currently above the 50 mark (bullish).
CONCERNS:
We just need to wait for the breakout...
CHFJPY - Long from support ✅Hello traders!
⁉️This is my analysis on CHFJPY.
Here we are in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement and to reject from support zone + institutional big figure 142.000.
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CHFJPY | BEARISH TREND?CHFJPY had been trading in a bullish parallel channel. The price just recently broke the support of the channel indicating the start of a bearish trend.
We are expecting the price to go further down from here and a sell-on strength strategy should be adopeted.
Trade your levels accordingly.
CHFJPY is in buy zone!!CHFJPY (4h) has formed a strong bullish price action. there has been double Doji with a wickless bullish engulfer. As the long-term trend is bullish, the price currently tests this important liquidity zone as support and getting rejected. A buy trade is highly probable.
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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
CHF/JPY Broke Very Important Res , Long After Retest ?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.
CHF/JPY (Consolidation Broke)Long Call! OANDA:CHFJPY
Hello Traders!
CHF/JPY has been sideways for some days, and now it has broken it from the upper side!
RISK REWARD:
Close half of the lot with RR=1:1, move SL to breakeven, and then wait for the remaining lot to hit target 2!
Best of Luck!
Your feedback would be appreciated!
MONDAY OVERVIEW - Long Term and Intraday Setups on INDEX and FXHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- CHFJPY
- CADJPY
- SILVER
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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CHF/JPY Long Idea. HERE IS WHYHello Traders
It seems CHF/JPY has potential to move higher.
Here is why:
1- upward trendline in RSI.
2- Price is moving inside of big ascending channel.
3- Price has broken correction channel(small channel).
4- Price has broken a bullish pennant pattern.
But before that price and RSI need some corrections.
If price breaks and stays below 141.00, then our view gets invalidated.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
CHFJPY Next Possible MoveCHF / JPY ( Swiss France / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H4
According to #Daily Time Frame #DTF its in #Leading Diagonal Pattern and almost Reached the Upper Trend Line #UTL its possible it can follow some Bullish Moves according to this
If we look in Short Time Frame #STF we have Rising Wedge Pattern and it has #Breakout and #Retested it has Follow Sell Trend According to Patterns and Level
Week 7 assignment (EXHIBIT F) for CHFJPY by PROSHERIFFBULLISH ABCD PATTERN
1. Strong up trend can be expected.
2. A rejection can be seen at point D.
3. Bullish Candles have started to appear after the conformation of the pattern.
4. A tight TP is set with a take profit level of 139.280.
5. A stop loss level of 103.521 is set.
6. RR ration of 1:3 is taken for this trade.