CHFJPY - How To Enter This MASSIVE 1700pip Swing Trade!As promised - here’s the lower timeframe breakdown after hitting 100+ likes.
We’re in wave 5, currently moving cleanly into the swing zone. Since wave 5 typically forms 5 subwaves, all we needed was to connect points 2 and 4 to draw our entry trendline.
Trade Idea:
- Entry on break of the orange t
About Swiss Franc / Japanese Yen
The Swiss Franc vs. the Japanese Yen. After reaching its low in 2008 this pair has steadily traded higher mainly due to aggressive Japanese monetary easing. Also, due to low interest rates and different financial properties these currencies are considered to be safe haven and funding currencies.
Related currencies
CHF/JPY – 1H Analysis: Bearish ReversalCurrent Trend: Bullish
📉 Reversal Outlook: Bearish
📊 Technical Confluence Observed:
✅ A bearish divergence has formed, signaling weakening bullish momentum.
📐 The Fibonacci retracement has hit the 3.82 extension, adding further confluence to a potential reversal.
📉 A Rising Wedge pattern is curre
CHFJPY I Technical & Fundamental Forecast Welcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow
CHF/JPY – Premium Exhaustion Sell Setup🔍 **CHF/JPY – Premium Exhaustion Sell Setup**
On the daily timeframe, CHF/JPY reached a major Premium zone and swept the previous Weak High at 178.400. RSI is at its highest overbought level in months, indicating strong exhaustion.
Price has also formed internal CHoCH on lower timeframes (M15–H1),
CHF/JPY SHORT FROM RESISTANCE
Hello, Friends!
CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 176.694 because the pair overbought due
CHFJPY 2.06.25We can see the support line from below, which we need to break and gather liquidity. Only then can we think about a long position. I also showed the largest volumes in the zone; we must also achieve this liquidity.
Classic triangles do not work as described in most books on trading.
Best regards EX
Short overview of monetary policyIt's a busy week for central bank monetary policies with the BoJ, FED, BoE and SNB all due this week.
Current probabilities are as follows:
Federal Reserve - 98.8% Hold @ 4.5%
Bank of England - 88.3% Hold @ 4.25%
Swiss National Bank - 100% Cut from 0.25% to 0.00%
The FED will also be rea
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the CHFJPY pair is quoted as 1 CHF per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CHF.
CHFJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CHFJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.