Short CHFJPY...After consolidation at top, CHFJPY is firm a reversal curve at top and can drop.
Trade safe.
Good luck.
JPYCHF trade ideas
CHFJPY: Expecting Bullish Continuation! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy CHFJPY.
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✅CHF_JPY TIME TO SELL|SHORT🔥
✅CHF_JPY has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 171.700
Price decline is to be expected
SHORT🔥
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CHF/JPY SHORT FROM RESISTANCE
Hello,Friends!
We are now examining the CHF/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 170.431 level.
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CHFJPY Trade IdeaIf the pair make this move as shown, I'm confident to take a short on the spot. However, if it goes further below that recent low, then my setup is invalid.
CHFJPY short movePrice is rising toward our bearish order block of 171.352 a pullback resistance that aligns with the 61.8% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 169.197.
If price breaks above the pivot, it could rise to 1st resistance at 171.864, a swing-high resistance level
CHFJPY SETUPThis is my Setup for CHFJPY on 1 Hour time-frame. Market broken to upside which is one of the indication to go Long and we have liquidity of equal lows for market to clear out.
CHF-JPY Local Short! Sell!
Hello,Traders!
CHF-JPY is making a
Pullback from the horizontal
Resistance of 171.800 from
Where I think we will
See a local move down
Sell!
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CHFJPYCHFJPY sell idea in the 4h timeframe. Direct perspective analyzing each of the Six major Segments in Price that, in summation, comprise the (relevant) historical price of CHFJPY to date.
Short in CHFJPYI have entered a short position on the CHFJPY currency pair as the price has reached a supply zone. This decision is based on my analysis of the chart, which indicates that the price has encountered a significant resistance level.
Upon careful examination, I have identified that the price has approached a key area where selling pressure is likely to outweigh buying pressure. This suggests a potential reversal or continuation of the bearish trend. Additionally, the technical indicators I have considered further support this view, showing bearish signals and a potential exhaustion of bullish momentum.
Furthermore, considering the fundamental factors, the Swiss franc appears to be strengthening against the Japanese yen, while Japan's economic outlook remains uncertain. This combination of technical and fundamental analysis points towards a favorable opportunity to profit from a short position on CHFJPY.
In conclusion, I am currently in a short position on CHFJPY, taking advantage of the supply zone and the indications from both technical and fundamental analysis. I will closely monitor market developments and adjust my trading strategy accordingly to optimize potential gains and manage risks effectively.
CHFJPY On The Rise! BUY!
My dear subscribers,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 170.01 pivot level.
Bias - Bullish
My Stop Loss - 169.51
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish
Target - 170.90
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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WISH YOU ALL LUCK
A nice swing trade, CHF/JPY long.The CHF is one of our strongest currencies, performing better month by month whereas the JPY is the weakest
chfjpy 3rd short at 171.5 take profit into 170 each roundCHFJPY testing 171.5 as a potential resistance zone. the longer it holds 170 the next time may look to not be shorting chfjpy anymore at the same level
CHFJPY: Short Signal Explained
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 171.17
Stop - 171.49
Take - 170.44
Our Risk - 1%
Start protection of your profits from lower levels
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CHFJPY - 4hrs ( Sell Trade Target Range 280 PIP ) 💵Pair Name : CHF/JPY
Time Frame : 4 hrs
Scale Type : Large Scale
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short ) Mid Term
Type : Mid Term Swing
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Bearish Break
170.250 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Fixed Range Poc
- Pattern Break
- PDL
- PWL
- Fibo Golden
Bullish Reversal
167.500 Area
Reasons
- Major Turn level
- Visible Range Hvn / Poc
- Pattern Target
- Fibo Golden Zone
- Fixed Rane Lvn
- Ultra High Volume / Choch
Buy Time Got profits from my last trade on this pair. Now it's time to buy again.
Trend in your friend--:)
CHFJPY H4 | Approaching pullback supportCHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 169.819 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% retracement and the 100.0% projection.
Stop loss is at 168.700 which is a level that sits under a swing-low support.
Take profit is at 171.578 which is a pullback resistance.
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CHFJPYOfcourse im doing my thing right here is seeing the pattern & attacking , this is just after FOMC earlier ,Im seeing this in the 4hr timeframe .
Can we get down to 165 ?Looks like the upside momentum is gone and we should see a drop now. Also MACD hist. is pointing downwards, which gives us a hint at future price movement.
Triple Top, Bearish StartsThe triple top trading pattern is a technical analysis pattern observed in financial markets, particularly in chart analysis. It is considered a reversal pattern, indicating a potential change in trend from bullish to bearish.
The triple top pattern occurs after an uptrend and consists of three peaks at approximately the same price level. The highs between the peaks are separated by troughs, forming a pattern that resembles three successive peaks, creating a resistance level. Traders often interpret the triple top as a signal that the upward momentum is weakening and that a trend reversal to the downside may be imminent.
Confirmation of the triple top pattern typically occurs when the price breaks below the support level, which is usually located at the troughs between the peaks. This breakdown suggests that the bears have gained control, and traders may consider selling or adopting a more cautious approach in anticipation of a potential downtrend.
It's essential for traders to use other technical indicators and analysis tools in conjunction with the triple top pattern to make well-informed trading decisions, as no single pattern or signal guarantees market behavior.
CHFJPY Sell Idea A bearish divergence has been created in M15 chart. Observe price action now. If match it with your entry criteria you can go for sell.
