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.
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! ❤️
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✅
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 TradingView community,
We are examining the CHFJPY pair on the 4-hour chart, where Elliott Wave theory presents a promising long opportunity. After a significant upward movement marked by an impulse wave sequence, the price has retraced in what appears to be a corrective wave.
Currently, the pair seems to have completed wave (a) of this correction and is...
Preferred direction: SELL
Comment: The dollar is expected to fall even when paired with the Japanese yen . By the way, our previous trading idea worked out perfectly, and the target was fixed at the level of 153.222 . At the moment, another approach to this level is expected, with a high probability of its breakdown downward. The trade is short-term, and...
CHFJPY is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
In this CHFJPY 1-hour chart, Elliott Wave Theory suggests a promising SELL opportunity. The chart displays a completed impulsive five-wave sequence culminating in a peak at wave (5), followed by an apparent initiation of a corrective phase.
The price movement has already formed wave (a) of the corrective phase and is now seemingly in the midst of wave (b), which...
Preferred direction: SELL
Comment: Despite the weakness of the franc (only the yen is weaker among the majors), we are also considering the weakening of the US dollar . The European session will be calm, most likely against the backdrop of Labor Day, but the American session will be busy. Of course, market participants will be especially interested in the ...
Welcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Dear Robbers,
This is our Day Trade master plan to Heist Bullish side of CHFJPY Bank. My dear Robbers U can enter at the any point above my entered area, Our target is Red Zone that is High risk Dangerous trap area. Be safe and Be rich. Loot and escape near the target 🎯
support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot...
Pair: FX:CHFJPY
Timeframe: H4 - Medium Term (MT)
Direction: Short
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames
- Price action may face some resistance from a previous support line
- Price has retraced to 61.8% Fib Retracement Level
- Aiming for the lower Support trendline from the mid of...
A glimpse of the CHFJPY in the first half of 2024
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
✅CHF_JPY is going up now
But a strong resistance level is ahead at 171.69
Thus I am expecting a pullback
And a move down towards the target at 169.58
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Hello traders,
we have a nice pulse to the upside and a wicked retracement over Fib(0.318). Price pulled back up over Fib(0) and broke it. Entry is back on retest of Fib(0)
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 167.914 level.
✅LIKE AND COMMENT MY IDEAS✅
The CHF/JPY pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined channel pattern.
Potential Short Trade :
Entry: Consider entering a short position (selling) below the broken support line of the channel after confirmation. Ideally, this would be around 169.90 or lower if the price continues...
