CHFJPY | 02.09.2024SELL 172.700 | STOP 173.450 | TAKE 171.800 | The pair CHFJPY shows mixed dynamics, consolidating near the 172.700 mark; the bulls remain under some pressure at the beginning of the week.
CHFJPY trade ideas
CHFJPY LONGCHFJPY is in a up trend, is making Higher Highs and Higher Lows after retrenchment at fib level 0.618. we will place buy order.
ChfjpyPrice hit the h4 support which got tested many times...and got to move in a range...the range was later discovered to be a rising wedge whereas the downtrend it was moving on was confirmed to be a falling wedge..now price broke and test the range resistance which turned into a new support...upward movement is supported for the chfjpy
CHFJPY: Bearish Continuation & Short Trade
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 172.60
Stop - 173.43
Take - 170.95
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
CHFJPY 4H LONG setup
CHFJPY has been consolidating for a long period of time and finally broke the resistance level recently, which possibly helped to form an upward Break of Structure(BOS) confirmation too, seen on 4H chart. Look at the Daily or Weekly chart, you can see that we are in clear uptrend, it is a good idea to follow the big trend. Now when the price pulls back to the 4H Order Block, we can BUY, this is a classic trend-following trade.
Entry: 172.060
Stop Loss: 171.471
Take Profit: 180.117
Risk Reward Ratio: 13.8
CHFJPY - 4hrs ( Buy Trade Target Range 320 PIP ) Pair Name : CHF/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
Bullish Break
172.500 Area
Reasons
- Major Turn level / W
- Visible Range Lvn
- Pattern Break
- Choch Zone
- Fixed Poc Area
Bearish Reversal
177.000
CHFJPY - In Bullish TrendThis pair is in bullish trend and a cup and handle pattern. I was late to see this pair that is why couldn't post my analysis earlier. I have taken an instant entry (buy order). There is no divergence on an hourly chart. My TP is still below the C&H projection level.
The Signal is:
EP: Yellow Line
SL: Red Line
TP: Green LIne
CHFJPYThis CHF/JPY long trade focuses on capitalizing on a potential upward movement. The setup indicates favorable conditions for a bullish trend, with key levels in place to manage risk effectively. Entry, Take Profit, and Stop Loss levels have been strategically set and are clearly visible on the chart. This trade aims to capture the momentum of the Swiss Franc against the Yen, aligning with current market dynamics.
Perhaps a Temporary Rally61.8% aligns with the 175.0 Yen Price Zone.
DISCLAIMER NOTICE!
This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
CHFJPY Set To Fall! SELL!
My dear friends,
My technical analysis for CHFJPY is below:
The market is trading on 171.56 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 170.88
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
CHFJPY possibly a good sell setup CHFJPY might soon be ready for a good sell trade. Even right now, it seems ripening for a potentially nice sell trade.
Those trend lines are Divine blessings for traders who understand the magical powers of trend lines as these trend lines, for the most part, tell you not just the next possible move but also where to enter for a massively profitable trade.
I am very much inclined towards a sell trade, obviously.
Yet, if the price breaks above that upper trend line, then things can change drastically in favor of a buy trade.
Having said all that, my final decision would be in favor of a sell trade on this chart.
CHF_JPY RESISTANCE AHEAD|SHORT|
✅CHF_JPY is going up now
But a strong resistance level is ahead at 172.337
Thus I am expecting a pullback
And a move down towards the target at 171.000
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
What if"If the price closes above the silver line, I anticipate a false breakout due to the liquidity in this zone. After that, I expect the price to drop back, retest the resistance, and then fall further to the 160 zone."
CHFJPYCHFJPY is currently in a bearish trend.
Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend.
The pair is being rejected from resistance at the 61% Fibonacci retracement level, adding confluence to the bearish bias.
what you guys think of this idea ?
Bullish M on all time frames weekly - Bullish M in play overall trend is bullish wick rejection to the downside.
Daily - Bullish M on the daily also wick rejection on todays cancel close.
4HR - Bullish M on 4hr, have my buy limit set for the 4hr bullish M
Price is bullish on all time frames.
CHF/JPY at Critical Support: Bearish Breakdown or Bounce?The chart highlights the recent breakdown below a key support level and the potential for further declines if the market continues to favor the yen. I've marked significant Fibonacci retracement levels and the ascending trend line that has been providing support, which could be crucial areas for a bounce or further bearish continuation. Given the current sentiment, my bias leans toward a bearish outlook unless we see a significant shift in economic conditions.
Feel free to review the chart for a detailed visual representation of these analysis points and share your thoughts!
The CHF/JPY pair has been experiencing notable volatility recently, influenced by global economic shifts and central bank policies. In August 2024, the pair has faced significant downward pressure due to the unexpected rate hike by the Bank of Japan, which has strengthened the yen considerably. This move has been compounded by concerns over a potential recession in the U.S., further adding to the market's risk-off sentiment.
On the technical side, CHF/JPY is currently trading near a key support level, with the possibility of a further decline if this support fails to hold. The pair recently tested an important Fibonacci level and is hovering around the lower bounds of an ascending trend line on the daily chart. If the support level breaks, the next potential targets could be the previous lows, making this a critical juncture for traders.
CHFJPY Buy on 1H chartThe CHFJPY is hitting a resistance level in my chart. The bottom candle looks to be signaling a reversal in the trading channel. I expect the price to fluctuate for a few hours before moving off the lower boundary.
This is not investment advice.
CHFJPY is in the Buying Direction testing major support levelHello 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
CHFJPYCurrently on CHFJPY on the daily timeframe price has recently taken out the previous daily low and closed above it, and on the 3-hour timeframe price also took out the previous candle range low and closed above it also indicating a strong support level that will help to distribute price to the upside, to take out the PREVIOUS DAY HIGH.
CHFJPY "swissy yen" Bank Bearish Robbery Plan on Short sideMy Dear Robbers / Traders,
This is our master plan to Heist CHFJPY market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CHFJPY Set To Fall! SELL!
My dear friends,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 171.70 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 170.70
Recommended Stop Loss - 172.32
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
CHFJPY bullishswissfranc & Jyen in bullish trenline
no divergence
buystop above last HH
SL below last significant HL
CHFJPY LONGChfjpy has perfectly formed a double bottom pattern and a clear breakout from the neckline, I expect a push to the upside. Let me know what you think in the comment section.
