Trading Idea Regarding CHFJPYThis Currency Pair is in bearish move
1-Break out Symmetrical Triangle Chart Pattern
2-Retest the key level and price got rejected
Chfjpysetup
CHF/JPY SELL SIGNAL
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CHF/JPY: Daytrade-Execution
Notice: For those who want some additional risk in the market. Rememeber that all trades are risky ahead the FOMC-Meeting.
Market-Sell-Order: 124.715
Stop-Loss: 124.900
Point of Risk-Reduction: 124.540
Take-Profit: 123.785
Stop-Loss: 18,5 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
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Peace and good trades
Irasor
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ChfjpyThe short-term uptrend line is broken and has a correction of 61.8% and is tangent to the long-term uptrend line.Are you agree?
CHFJPY SHORTThis is CHFJPY 4H timeframe analysis, as you all can see that this pair has started a new trend to the downside and right now it has made a retracement to the previous broken structure, so now i will be expecting the market to continue the move to the downside.
CHF/JPY AnalysisWe can easily expect the creation of a higher high
Monthly:
We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse.
Weekly:
In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a higher high at least to the price of 126.435.
Daily:
The price is in a consolidation period. The price is most likely creating liquidity before the continuation to the upside. We can definitely expect more continuation according to our multi-time frame analysis.
CHFJPY CUP AND HANDLECHFJPY is currently done forming the CUP and it will most likely form the handle in the next couple days, so be prepared for this massive long opportunity!!!
Take care!
CHFJPY - ShortCurrently trading side ways so ideally it should continue to go down.
- Short target would be 122.4
- Stop loss 123.75
CAD/JPY 1HR CHART SELL SET UP POSS HEAD AND SHOULDERS ?Hi everyone this is my trade set up for the CHF/JPY 1hr chart
CHF/JPY looks like it is creating head and shoulders on 1hr chart so i am expecting a pullback to the order block zone and will be looking for a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
CHF/JPY 4HR CHART SET UPHi everyone this is my trade set up for the CHF/JPY for the new week ahead
CHF/JPY i think will push lower as were in a big downtrend still making lower highs and lower lows, so i am expecting a pullback to the order block zones and will be looking for a sell trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
'Head and Shoulder' Spotted @ CHFJPYCHFJPY (6H) is clearly set to drop in price. Since HaS have been completely formed, i am keen on seeing a BOS and retest of OB before i jump into the wave. This is pretty exciting for me.
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ChfJpy- To reverse from support?Like most Jpy pairs, November was a correction month also for ChfJpy(so far) and the pair dropped from its 125 recent high
An H&S pattern is pretty obvious on lower time frame charts, but in my opinion, this will not pay off.
A short dive under this H&S support is not out of the question, but in the medium term, my opinion is that we'll have a new leg up above 125
CHFJPYA wave of correction is evident in the time frame of 4 hours of positive divergence I predict the price will correct 50% of the previous fall to prepare for the fall again
Hope u took the short, CHFJPYThe swiss yen broke down farther after breaking the channel and testing the bottom of the channel, we expect to see more downside this week. But the white line(200ma) serves as a strong support. If you're in a short take some profits at around there and re-enter again at a better price.
BEAR CASE
Price to go farther down to ~122.9, there we can see some support. Our ultimate target is ~122
BULL CASE
We expect price to test at least 122.9 but the support can be stronger than expected, do not be surprised if we bounce to 125 from there before another big leg down.
CHFJPY Nice Setup for Monday open on Asian sessionA clear structure formation on CHFJPY for sells and a short term buys after we reach the area of 123.578 as we see liquidity resting right below it. Price Action on LTF will be a good indicator to take those buys but 4H and 1H directions are at the moment for sells as Daily will be approaching for 38% retracement level at 122.500 and also a structure retesting structure level.
Bearish signal on the weekly but big move may come lateThe weekly candle on the swiss yen gave us a potential bearish signal. We expect price to continue to consolidate to the upside before giving us a big drop to the downside.
BULL CASE
Price moves to the top of the channel before dropping down farther. The price we're looking at is 126 but it may breakdown midway due to the uncertain nature in this zone.
BEAR CASE
This is unlikely but price may just collapse from here. If it does break structure our price target is 122. Remember not to fomo in and control your risk if it happens.
CHFJPYHere is the chart of CHFJPY
Last time we made 500+ pips and this time looking for one more bigger move approx 1000pips
reasons behind this trade :-
1: there is years of strong support
2: there is monthly support
3: index is going to show in weakness in upcoming days(my perspective)
4. We are going to take this trade of breakout
Thank you ❣️ peace
#CHFJPY SHORT TERM SELL OPPORTUNITYIn Daily time frame price is bullish without any doubt but price has reached Daily bullish channel upper boundary and we can also see standard bearish divergence in Daily time frame which gives us more confluence.
As a result of this daily bearish confirmations we saw a bearish move which you can see it in 1H time frame and as a result of this bearish move price structure has shifted to bearish in this time frame.
since then price formed a bullish corrective move which shows us no intention to upside move and for more confluence price formed a shooting star candle stick in 4H time frame and also 1H bearish engulfing candle.
For trading this pair if price failed to create HH in 1H time frame you can then execute your sell position.
Remember this trade opportunity is counter trend trading in Higher time frame and should be manage with extra care.
CHFJPY shortterm buying opportunity 1:12 RRCHFJPY shortterm buying opportunity. CHJPY after a short retracment should continiue uptrend. Possible 1:12 Risk Reward
CHF/JPY New Short Setup After 4H Closure To Confirm The Setup !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
