Hello,Friends! Previous week’s green candle means that for us the CHF/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 170.641. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for CHFJPY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 171.110. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
Price has been in correction phase on chfpy for more than a week currently it's tested the upper trendline making it a third touch. The upper trend line that serves as a resistance zone is validated on 1 hour time frame by a close of a bearish candlestick. I will be waiting for formation of a bearish continuation pattern on 15Min/5Min to provide me an opportunity...
On this 1H chart for CHFJPY we can notice that the price has been moving in an up trend channel for a while now. Recently it dropped to test the up trend support. At this stage the price is forming a potential double bottom. Monitor it for a potential breakout. Additional confluences: - MACD can produce a bullish cross if the price starts going up to complete...
✅CHF_JPY is consolidating in A parallel range pattern While trading in an uptrend So IF the bullish breakout happens Then we will see further growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in an accumulation phase now, so I expect we could see AMD pattern, price firstly to manipulate sell side liquidity and then to reject from bullish order block for distribution higher. Like, comment and subscribe to be in touch with my content!
CHFJPY price is in the 171.29 important resistance zone. If the price cannot break through the 171.29 level, it is expected that there is a chance that the price will reverse to the downside. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
CHF/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 171.379 Why we like it: There is a pullback resistance that aligns with the 100.0% Fibonacci projection level Stop Loss: 171.072 Why we like it: There is a resistance that aligns with the 127.2% Fibonacci extension...
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 169.819 which is a pullback support. Stop loss is at 168.700 which is a level that sits under a pullback support. Take profit is at 171.578 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries...
The recent price action on the CHFJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️
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...
Hello,Friends! CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 169.798 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
💵Pair Name : CHF/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— 💲This is the best entry...
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short Educational —————**- 🔗 Just browsing through my analysis means a lot to me. ☑️ Update - VIP Opportunity ———— 💰 Take Profit 1 ⚡️ Account Growth = 5 % 💵Pip' Achieved = 75 PIP
Hello guys! its your girl Forex potatoe, i have been following up on this pair judiciously for months now. Entry just got confirmed, a bearish engulfing candle close on 4H will confirm my sell and i'll enter. Stop loss above the structure and TP and the support(Spot my short position tool). Kindly leave a follow and a boost if you like my ideas, and let me...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity CHFJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
#CHFJPY UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #CHFJPY. CHFJPY is in the down trend according to the LTF. we can see that it breaks the support line an d now is going to retest it. Here we can clearly see it has done the triple top pattern and then goes down. We can take...
My dear followers, I analysed this chart on CHFJPY and concluded the following: The market is trading on 170.53 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 170.98 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...