CHF/JPY Time to ShortIt is a good time to short this, it has reached resistance and is ranging in a channel.
Chfjpyshort
CHF/JPY good Sell opportunity chf jpy is rejected and respected the major resistance multiple times and market now is back at strong resistance zone after breaking trend line resistance and looks bearish momentum
enter short at that zone and apply your own money management
Patience is the Key
CHFJPY Falling From Here...Currently, we are seeing a doji candle at the resistance level @116.55. I am expecting tomorrow's candle to be strong enough to engulf this doji candle brining CHFJPY towards the downside. As we can see 117.62 resistance level is still strong with price rejection at that level. This also formed a double top pattern giving us additional BEARISH signs. I have identified the demand zone where I potentially see price testing this zone.
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CHF/JPY has met resistanceCHF/JPY is at historical big resistance so do not expect this to break it. This past week it has rejected off this resistance and I would expect it to continue down to test the daily support at 116.20. JPY is very strong at the moment so it could easily break this support. Short term target is 0.5 Fib which is 115.765. Longer term target could see this retest previous resistance around 114 level. In the past when it has rejected this level it has fallen to 109-107.
CHFJPY - Buying Potential I want to see how this pair rejects this minor timeframe order block before I consider a buy position. If it continue to reject nicely I will look to target the prior high as illustrated.
CHFJPY ShortAnticipating price to come for equal lows at the 116.40 institutional level and head down to my propulsion block (PB) as shown in the chart before considering going bullish.
The Best "Safe Haven" trade of 2021 (and beyond?)!!( Because it will be need!! )
... and the hands-down, no-contest winner is: The Japanese Yen - and it's denominated securities.
Ohh, just off of the top of one's head;
... and just how many more clues does one require??... For real.
CHFJPY - Choppy PairThis pair trapped sellers with a fake breakout and has now been moving to the upside ever since. I would like to see a swoop below the respected structure before buying continuation, to tackle the the liquidity at the prior highs.
Trade idea for CHF/JPYWhen we look at the chart we can see that the price has been testing the resistance area in the daily chart . We see that the price isn't able to go above it for now so we could risk the trade.
The risk reward is very good but I think that this is a trade that will take a while to hit the tp.
When the tp1 is hit you should move the stop loss to break even level.
Please let me know in the comments what you think of it and share your idea for this pair also.
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CHFJPY - Bearish BiasCHF - BEARISH
1️⃣ The rollout of Covid-19 vaccines pressured the safe-haven asset like the CHF.
JPY - BULLISH
1️⃣ Investors showed caution ahead of the Senate runoffs in the US state of Georgia.
2️⃣ The new restrictive measures in Europe and UK could worried the investors.
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Technical
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We are selling the CHFJPY below the SBR + below SMA 50 on the H1 chart.
CHFJPY - Upside InboundThis is a very simple break and re-test pattern.
If the price manages to hold above the structure lines marked for a significant period of time, then I will consider a buy position.
It is very early in the year so I would rather not get caught up in fixed biases yet.
Year long Forecast for CHFJPYWait for the levels.
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CHFJPY SHORTCHF/JPY recently failed to break its yearly high and has subsequently treaded lower. The failure to breach fresh yearly highs on the most recent upswing likely injected bearish undertones that may see prices fall back to an inflection area between 108.0 and 105.0 before making a renewed push higher.
CHFJPY - Swoop & ContinueI would like to see CHFJPY take a slight battering to fulfil some orders before the strong bullish trend continues. I believe we still need to tackle the prior high before we see and signs of downside.
CHFJPY - Its ReadyStructure was purged and a false breakout occurred, price pulled back to attack the trap, ready for the bearish move to emerge.
How's that for a Forex poem?
CHFJPY - Rejected at 118, 10 times since 2018As the weekly chart shows, this pair has been rejected multiple times at the resistance zone located between 118.80-116.70 region since early 2018. The best entry was a week ago, but I am hoping for a retracement to about 116.80 or higher that will give me a good entry next week. Target can be located at support below in the low 114 region.
This could be a +3.2R trade, but it requires some patience to see it through this low volatility holiday period.
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As always, please use sound money and risk management in all your trades.
CHFJPY SHORTAyo Fuck the US and what they think.
Swiss Banks do what the fuck they wanna do.
You think the FED are the only fucks who wanna devalue their own currency?
Difference between FED and Swiss Banks is that the Swiss Purchased APPLE with their bank money
While the FED bought FAILING US CORPORATIONS
Thats why Swiss Banks are gangster nigga
