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Swiss Franc / Japanese Yen

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CHFJPY trade ideas

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
Long
by ForextWaveTrading
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
Long
by GentleGoldenEngine
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
Short
by AnabelSignals
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