This is my idea on CHFJPY Expecting price to fall to 124.765 What do you guys think?
We can easily expect the creation of a higher high Monthly: We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse. Weekly: In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a...
CHFJPY is currently done forming the CUP and it will most likely form the handle in the next couple days, so be prepared for this massive long opportunity!!! Take care!
I think CHFJPY is going to sell. Trade with caution
Currently trading side ways so ideally it should continue to go down. - Short target would be 122.4 - Stop loss 123.75
Hi everyone this is my trade set up for the CHF/JPY 1hr chart CHF/JPY looks like it is creating head and shoulders on 1hr chart so i am expecting a pullback to the order block zone and will be looking for a sell trade This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both...
Hi everyone this is my trade set up for the CHF/JPY for the new week ahead CHF/JPY i think will push lower as were in a big downtrend still making lower highs and lower lows, so i am expecting a pullback to the order block zones and will be looking for a sell trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then...
CHFJPY (6H) is clearly set to drop in price. Since HaS have been completely formed, i am keen on seeing a BOS and retest of OB before i jump into the wave. This is pretty exciting for me. Comment, like and please follow me to show appreciation
Like most Jpy pairs, November was a correction month also for ChfJpy(so far) and the pair dropped from its 125 recent high An H&S pattern is pretty obvious on lower time frame charts, but in my opinion, this will not pay off. A short dive under this H&S support is not out of the question, but in the medium term, my opinion is that we'll have a new leg up above 125
A wave of correction is evident in the time frame of 4 hours of positive divergence I predict the price will correct 50% of the previous fall to prepare for the fall again
The swiss yen broke down farther after breaking the channel and testing the bottom of the channel, we expect to see more downside this week. But the white line(200ma) serves as a strong support. If you're in a short take some profits at around there and re-enter again at a better price. BEAR CASE Price to go farther down to ~122.9, there we can see some support....
A clear structure formation on CHFJPY for sells and a short term buys after we reach the area of 123.578 as we see liquidity resting right below it. Price Action on LTF will be a good indicator to take those buys but 4H and 1H directions are at the moment for sells as Daily will be approaching for 38% retracement level at 122.500 and also a structure retesting...
The weekly candle on the swiss yen gave us a potential bearish signal. We expect price to continue to consolidate to the upside before giving us a big drop to the downside. BULL CASE Price moves to the top of the channel before dropping down farther. The price we're looking at is 126 but it may breakdown midway due to the uncertain nature in this zone. BEAR...
Here is the chart of CHFJPY Last time we made 500+ pips and this time looking for one more bigger move approx 1000pips reasons behind this trade :- 1: there is years of strong support 2: there is monthly support 3: index is going to show in weakness in upcoming days(my perspective) 4. We are going to take this trade of breakout Thank you ❣️ peace
In Daily time frame price is bullish without any doubt but price has reached Daily bullish channel upper boundary and we can also see standard bearish divergence in Daily time frame which gives us more confluence. As a result of this daily bearish confirmations we saw a bearish move which you can see it in 1H time frame and as a result of this bearish move price...
CHFJPY shortterm buying opportunity. CHJPY after a short retracment should continiue uptrend. Possible 1:12 Risk Reward
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