Fx_trade_CorpDear traders
CHFJPY:- 1D HH, 4h trend line breakout and retest 170.100 and 1h morning star pettern
Entry =170.225
Target = 171.133
Stoploss =169.727
JPYCHF trade ideas
chfjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
CHFJPY Hello friends
In the currency pair CHFJPY we see a very clear 5-wave pattern.
In wave 5 we see a terminal triangle pattern.
This pattern is always seen in wave 5 and wave C of the zigzag pattern.
This template is currently being completed.
We expect the breaking of the upward trend line and pullback to it and the start of a downward trend, which usually corrects a large amount of the upward trend.
Be successful and profitable.
CHFJPYIm back again with nicy setup for bearish movement down we go its been a while waiting for this setup, we hope for the best.
CHFJPYIm back again with nicy setup for bearish movement down we go its been a while waiting for this setup,we hope for the best.
CHFJPY 3 DRIVES BEARISHHello traders and welcome! I hope you're all having a fantastic trading week. Today, let's take a closer look at CHFJPY on the 4-hour chart, as it's presenting a promising trading opportunity.
On the 4-hour chart, we can observe the formation of a compelling 3 drives bearish pattern. Initially, the price seemed to ignore the bearish scenario, but subsequently, a double top formation has emerged. This double top formation is often indicative of a potential reversal, signaling a shift from an uptrend to a downtrend.
Currently, the price is trading below the short entry level, marked at 171.104. This suggests a bearish sentiment in the market. The volume accompanying this movement indicates active participation from market participants, adding weight to the analysis.
As long as the price remains below the short entry level (171.104), we can consider potential targets for the trade. Here are the Fibonacci retracement levels to keep an eye on:
62% Fibonacci retracement level (AD): 168.635
79% Fibonacci retracement level (AD): 167.807
100% Fibonacci retracement level (AD): 166.811
CHFJPY in a BEARISH PerspectiveFX:CHFJPY encountered resistance, failing to close above its recent high and exhibiting signs of rejection. Despite bears reclaiming today's gains, retracement volume remains relatively low. Awaiting a more convincing volume, my strategy involves observing a retest of the 171.00 level. A bearish candle with significant volume at this point could serve as a sell signal. Exercise caution and stay vigilant for confirming indicators. Happy trading!
CHFJPY Short idea.Hey guys! its your girl forex potatoe. I have not posted throughout this week and thats because the market setups never gave me a signal to enter the trade. I am currently on a sell on NZDCAD, i posted my setup for audcad but i missed an entry but NZDCAD gave me an entry so i entered on there instead.
So for CHFJPY if you check my posts you'd see i have been following up on this pair for a sell as i can see RSE bullish divergence and the buyers are exhausted, i still think its going to sell and the setup is now looking good but i need some more confirmation before i'd enter the trade.
Kindly follow me and let me know what you think about this setup as well.
CHFJPY H4: CLEAR REPRESENT FALL IN THE DEPTH LINE HERE.CHFJPY H4: CLEAR REPRESENT FALL IN THE DEPTH LINE HERE.
CHFJPY H4 Chart Pattern clear represents the fall in the price. Chart Pattern and Technical and Fundamental Analysis targets are provided down below:
FALL IN THE DEPTH
LOW RISK TARGET 166.948
MEDIUM RISK TAEGET 165.768
Note: Keep following me for more updates and information about different pairs of the market like as; crypto, forex, indices, futures and also the different stocks.
Opportunity: CHFJPY Sells.Here I see this pair breaking out of a major turn level and supply zone. This is a possible 300pip move. The best entry point is where I have my sell stop.
Sell stop @ 170.800
SL @ 171.150 (35 pips)
TP1 @ 169.800
Tp2 @ 169.300
Final TP @ 167.800 (300 pips)
Please use proper risk management!
Goodluck!
DeGRAM | CHFJPY potential sell after the retracementCHFJPY is decelerating at the resistance level. It created a double top.
The market essentially made a false breakout of the psychological level of 171.000.
The market created divergence on the 4-hourly chart, meaning we might see a sharp bearish move.
We expect a bearish move that could potentially breakout the ascending channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
CHFJPY 4HHello traders welcome back since i published live stream yestarday in live signal of GBPUSD sniping we all hit and kill the market. inside the analysis one of my audiences asked me this pair that i am sharing with you and explained to my analysis it was nice setup but was not the perfect timing how ever now the trade is ready and submitted all my confirmations so let us book our pockets into money.
what i need from you is only like, comment and if i amking money you also make with me is only what you need to follow with me
CHFJPY bullish ideea I am expecting price to clear the Imbalance. I don't think price to go lower then 168.850. The final Target will be 171.490 . Price already cleared the Daily FVG and i am expecting it to react and go higher.
Long in CHFJPYI have taken a long position in the CHFJPY currency pair as the price has touched a demand zone. This decision is based on a thorough market analysis, where I have identified key indicators and trends indicating the potential for an upward movement. By strategically entering this trade, my aim is to capitalize on this favorable opportunity, leveraging my experience and trading skills to navigate the market with precision and achieve successful outcomes.
CHFJPY Breakout Thesis: Anticipating New HighsThe CHFJPY pair has been showcasing a significant breakout early this year, surpassing the crucial 170.500 level. After reaching a peak at 171.484, it retraced to 169.766, where it demonstrated a classic "base-rally-base" price action, underpinned by substantial volume, confirming its bullish momentum. As it now positions itself above the 170.500 mark once again, the bias is leaning towards a breakout beyond the previous high of 171.484. This movement suggests a robust potential for further bullish advancement, making it a focal point for traders eyeing substantial opportunities in the currency markets.
CHFJPY LONGForecast from previous week:
Monthly:
- Bullish M
- IC is tapped
Weekly:
1. Bullish trend
2. Bullish zone (break and retest) = (very clear to see with replay button)
2/4 criteria with backup from clean monthly
+ trading with the trend
Daily:
- Bullish M
- Clear impulse correction (shows me that bulls are still there and stronger then the bears at this moment)
- S&D zone on first structure is confirmed with bullish candle close
*We can see in the bullish trend that the impulses are still stronger then the corrections
4H:
- Bullish market structure
- Inv H&S with IC
CHFJPYIs CHFJPY exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 170.40 followed by 169.
What you guys think of it?
ChfJpy is Short Expecting to see a drop followed by change of character to the downside .. And follow break of a structure to the Lower Lows.
Happy trading '24
CHFJPY H4 | Falling to 23.6% Fibo supportCHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 169.142 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 167.923 which is a level that aligns with the 38.2% Fibonacci retracement level and sits under a pullback support.
Take profit is at 170.889 which is a pullback resistance.
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CHFJPY quick overview
CHFJPY isn't a pair I typically trade, but I'm sharing this analysis by popular request from my followers. My trading approach is all about simplicity – if the market's signals aren't crystal clear, I hold back. That's why I always emphasize patience as a virtue and knowledge as your key to success. After all, if you don't win, at least you don't lose. 🙂
On the chart, I've marked the last Higher Low (HL) and Higher High (HH) on the Daily Time Frame (D TF). We're clearly in an uptrend, so the smart move is usually to go with the overall trend. As long as the price on the D TF doesn't break below the last HL and confirms the break (no fake outs), we're still trending upwards.
Remember, this is just my take on the market, and when you trade, it's on your own responsibility.
CHFJPY forming a rising wedgeA rising wedge is taking shape in CHFJPY, accompanied by a noticeable divergence on the chart. There's a likelihood of a reversal in the upward trend. I am prepared to enter the trade upon the breakout of the trend line.
I'm curious to hear your thoughts on this setup.
Cheers!
CHFJPY LONG
Daily: BM
+ Clear impulses up
+ Clear corrective pullback
+ Above previous resistance zone
Trade to beginning of correction?
Weekly: 2/4 LONG
MS: Bullish trend (impulses up)
FIB: Bullish
LCC: Indecision
S&D: 50/50 - previous resistance currently acting as support
4H: IHS?
