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JAPANESE YEN / SWISS FRANC

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JPYCHF trade ideas

CHFJPY / H1 / LONGCHFJPY may rise from the Bullish Order Block. The CHFJPY pair has recently touched a significant bullish order block and is now showing signs of upward momentum. Bullish Order Block: 174.140 and 173.928 Given that price is within the bullish order block, we can expect potential upward movement. I've analyzed this chart using Smart Money Concepts (SMC), a highly effective strategy for identifying high-probability trades based on price action. Now, it’s time to watch how the price reacts as it attempts to move higher from this zone. Entry price :- 174.295 Take Profit :- 174.819 Stop Loss :- 173.772
Long
by PraveenTrader1
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
Long
by ForexMasters2000
#CHAJPY 2HCHF/JPY 2-Hour Chart: Pattern and Forecast On the CHF/JPY 2-hour chart, the price is nearing a key support level, with a bearish pattern suggesting potential downside movement. Support Zone: The pair is hovering around a notable support area that has held in previous sessions. A breakdown of this level would confirm the bearish sentiment. Forecast: A sell opportunity is forecasted as the market shows signs of weakness around the support zone. If the support level breaks, it could lead to further downward momentum, targeting lower price levels. Traders should monitor for confirmation before executing the sell trade to avoid false breakouts.
Short
by PIPSFIGHTER