Previously , The CHFJPY Formed a Bullish Double Bottom Pattern. At The Moment, The Price Broke The Lower High (ChoCh). So, I Predict another Bullish Move📈 ------------- TARGET: 172.990🎯
CHFJPY is moving above the ascending channel and trend lines. Volatility has decreased. The chart tentatively broke the channel and reached the resistance level. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
hi traders ...... I think CHFJPY can resume the bullish trend on 4H time frame
Entry point: green area Exit point: red range near the ceiling of the monthly ascending channel. The possibility of a heavy downfall...
Possible Trade for The week. Looking to trade CHFJPY for the week. Waiting to see what the market is going to give me. Happy Mother's Day and Happy Trading!
Waiting the last movement up to put a beautiful short. We have to option os risk: reward 1:2 1:1 O you put the trade in breakeven in 1:1 and leave the price continue moving down. Blessings At the end of the day remove the pending order if it has not entered. thanks.
Looking to sell on CHFJPY. Price has reached significant levels and showing signs of a reversal, this could be a great trade and multiple entries with confirmation.
What must go up must come down as always please leave room for reversal , Just a little bit of breathing room for SL
The pair is slowing down. The RSI is showing a clear divergence. Price has tapped and reacted to the supply areas (tradable on LTF). Once the pair breaks the trendline as well as the support I am ready to short.
Hello,Friends! We are now examining the CHF/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 171.852 level. ✅LIKE AND COMMENT MY IDEAS✅
According to the technical structure, we expect a drop
Butterfly (Bullish Harmonic Reversal) Pattern in CHFJPY observed in 4 hour time frame. The pattern is complete at point D (potential reversal zone), resulting in bullish trend reversal. This bullish can be used to take long position.
The analysis of the CHFJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️
Divergence has formed here, making a trend reversal more likely.
Daily - neutral. we have a no man's land as long as the price remains in the zone - **171.613 - 167.359**. if we break out of this zone and price holds, then we can look to get involved. Origin - looks bearish. as long as we remain below **169.654** bias will be bearish here. once price falls below **168.130** any short position shall be closed as we will be...
CHFJPY price is near the resistance zone. 171.21-171.48 If the price cannot break through the 171.48 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Hello,Friends! CHF-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 169.201 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Sell positions are entered when a valid Daily rejection is formed and confirmed on the H4 timeframe when testing the supply area of 171.33-172.29. The selling opportunity this time will capitalize on the potential weakening of prices when testing the supply area. For further clarity, please refer to the explanation below. CHF/JPY Daily Level: Supply...