CHFJPY formed an important high momentum bearish candle last week. With one single candle, the pair violated a lower boundary of a horizontal range, and the market also closed below a major rising trend line. It makes me think that the pair may go lower. Goals: 162.42 / 160.8 ❤️Please, support my work with like, thank you!❤️
Soooooo after the bat saga of last week, and the Swiss dropping their interest rates, I have a small buy on the CHFJPY
This inverse Head and shoulders has produced fantastic gains already What suggests that final target will be met is that Yen vs other crosses is still yet trigger their respective necklines! I assume more madness to come from the #BOJ in the next Financial Panic. Like the Bank of England another Island nation probably first to embark on a new wave of...
CHFJPY BUYS in play. 1. Potential Bullish Trend. 2. CHF is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
CONFLUENCE 1. Major Down-Trend with another minor DOWNTREND. 2. Previous Daily Candlestick breaks the last 7 candles structure and last 2 swing low. 3. Swing Low Break of Structure on Daily Timeframe. 4. Order Block highs is the Swing High. 5. Order BLOCK created a very wide FVG/imbalance right beneath itself in cause of an "Order-Flow" which is pulling back price...
USDCHF has recently provided us with an ending diagonal, signalling that the bottom is in. We are now looking for a retracement. The deeper the retracement, the better! Trade idea: - Watch for lower timeframe reversal patterns to indicate retracement has started - once entered, taper positions as we move lower towards the bottom - The longer term trade will be...
Hello,Traders! CHF-JPY is moving down After the breakout of the Horizontal level of 164.3 So I am bearish biased and I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
ased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello traders, we want to check the CHFJPY chart. The price has broken the ascending channel to the bottom and pulled back to the key level indicated. If this level can play the role of a resistance level and maintain the downward trend of the price, we expect the price to fall to around 161.950 and if it can break this level, the next price target will be...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This is a follow-up to the idea I presented last month regarding this pair being severely overbought on longer timeframes. The existing price action strongly suggests that a downward cycle is imminent. Here's my rationale. In the past three weeks, each weekly candlestick has initially surged to new highs before experiencing a significant selloff in the second...
✅CHF_JPY broke the key Horizontal level of 164.37 So we are now bearish biased So I think that we will see A local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
CHFJPY is in a correction. and in the zone of overbought pressure If the price fails to break through the resistance 166.296, it is expected that the price will go down. >> GooD Luck 😊
CHFJPY has been experiencing a bullish trend since January 2023. From 137.50, the price is going up. Last month, we saw that the high price of CHFJPY was 166.50, and after that, it has gone down. We have identified a pattern of falling wedge. Breaking the wedge resistance will result in a higher price, as we believe. TP - 166.30 SL - Join Our Channel
Hello traders, There is one entry and one TP for this pair. We do not short just because we believe there are too many levels just so close together so RtoR of short options do not worth the risk. Levels calculated order_block, regarding support and resistances, channel and pivot points.
The CHFJPY pair is trading above the 1D MA50, holding it tightly for the past 10 days. Technically that is the long-term Support trend-line since March 29, while the long-term pattern has been a Channel Up. As long as the price is trading above the 1D MA50, we are bullish, targeting 171.000 (+8.00% increase). If the price breaks below the bottom (Higher Lows...
CHFJPY is falling towards a multi-swing-low pullback support and could potentially bounce off this level to climb higher. Buy entry is at 164.096 which is a pullback support. Stop loss is at 163.400 which is a level that aligns under the 78.6% Fibonacci projection level. Take profit is at 165.457 which is a recent swing-high resistance. High Risk Investment...