CHF/JPY DailyPrice has made a low and a higher low in what could be an ascending parallel channel.
The current bullish move started on 3rd December and peaked on 26th December before starting a correction.
Now with price at 172.60, we could see buyers enter the market again where they could take price all the way up to 180.00 which is the top of the parallel channel and also previous resistance from July 2024.
CHFJPY trade ideas
CHFJPY Long Term Selling Trading IdeaHello Traders
In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (CHFJPY market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CHFJPY Selling Trading IdeaHello Traders
In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (CHFJPY market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Sell CHF/JPY Triangle BreakoutThe CHF/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation.
Target Levels:
1st Support – 174.00
2nd Support – 173.52
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CHFJPY MARKET ANALYSIS AND PRICE PREDICTIONCHFJPY, has finished consolidating at the institutional Renegotiation zone, decision has been taken already in favor of the Bulls because price has broken a structure and the renegotiation mini trend already with an FVG. Price may retrace a bit to mitigate the order block or breaker block to give the Bulls a good discount price for an entry. Take profit 1 is the renegotiation resistance to sweep off the buyside liquidity and take profit 2 is the unmitigated order block ahead.
Entry, Take profit 1&2 and stop loss are clearly stated on the chat.
GOOD LUCK GUYS!
MERRY XMAS
CHF-JPY Will Fall! Sell!
Hello,Traders!
CHF-JPY is already making
A local bearish pullback
From the horizontal resistance
Of 176.000 level so we are
Locally bearish biased and
We will be expecting
A local bearish correction
Sell!
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CHFJPY: Retracement from ResistanceCHFJPY seems to be undergoing a bearish correction following a recent test of horizontal resistance on an intraday or daily chart.
This pullback is signaled by the formation of a descending triangle pattern, confirmed by a breakout below its neckline.
The price is likely to decline toward the 173.39 level.
CHFJPY: Pullback From ResistanceCHFJPY appears to be showing a bearish retracement after a recent test of a horizontal resistance level on an intraday or daily chart.
A signal of this pullback is the formation of a descending triangle pattern, with a confirmed breakout below its neckline.
It is likely that the price will drop to 173.39.
CHFJPY Trading Opportunity! SELL!
My dear subscribers,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 174.84 pivot level.
Bias - Bearish
My Stop Loss - 175.91
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 172.92
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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