CHFJPY had been trading in a bullish parallel channel. The price just recently broke the support of the channel indicating the start of a bearish trend. We are expecting the price to go further down from here and a sell-on strength strategy should be adopeted. Trade your levels accordingly.
Ok finally we have a Daily SELL signal on my indicator as per my post on the 07/09/2022 were in my analysis of the CHFJPY I was looking for a signal to sell above 146 as we entered a long term SUPPLY/SELL zone. This pair has rallied pretty hard since I posted that analysis and there has been no signs of it slowing down till today after it broke the 150 mark...
Hi All CHFJPY is on very strong resistance now, price make a bigger move since 2012 and many tools show that need to fall from here I use big stop loss to be ready for a sneak attack and keep the success rate high.
Just a quick update on today's SELL idea on the CHFJPY we just got a confirmation 30 SELL signal on the indocator at 149.500 as explained iit the early post that we would enter on the first signal above 149.
Today I will be looking to SELL the CHFPY above 149 on any 15min or 30min signal on my Price action signal indicator and will target Friday's low or lower at 147.5. The reason behind this trade is I am expecting a correction to start occuring very very soon both short term and long term if you look at both the RSI and Stochcastic indictaors all the major...
Potential Sell Setup on H1 timeframe based on Technical Analysis. As long as there no candlestick able to break SL, will hold position.
We have to go all the way back to 1980 to see the last time the CHFJPY was at current leveks which is pretty insane as have all yen cross pair moves this Year and picking tops is very risky hence waiting for the correct signal is important. Looking at the monthly charts we are now in a SUPPLY area from 1980 on daily charts we have broke out off a congested period...
Short call isis based on multiple factors in the trade Price has lost its momentum in upward direction as well and expect to fall much faster and strongly, Please refer RSI for confirming the trend and reversal.
Shorting Potential: - Double top - Price has rejected major resistance. - Price came back to re-test local up trendline and rejected it. - Price rejected the 618 level. - Evening Star pattern + Now we have just closed with an engulfing bearish candle signalling a shorting potential. - Divergence in RSI on 2HR TF and slowing buying momentum signalling a change...
CHFJPY has repeatedly failed to breach the 143.3 resistance level. Recently, price broke below an uptrend line and bear candles have formed. I expect price to fall to the 139 level during the month of September. Remember to trade wisely and use proper risk management.
Hello Traders! CHFJPY reached a mass psychology at 138.917 since 2015 and currently ranging above it with a corrective behavior. We might see in the long term an upside move heading towards the upper trend line at 157.000 level. I personally took my short position on CHFJPY as a hover / double top (15 mins chart) at 143.292 level. Given that the price of...
wave analysis supply zone range price action break out impulse wave
22nd August daily inside bar range confined with the previous bar range closed off the low. supply zone area for short 142.50, may short cmp with half risk as well. stop loss 140.40, target 140.70.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Looking to short chfjpy to first TP, potential of it hitting TP 2. short and sweet
The JPY still remains the weakest of the major currencies, and that has helped to propel the Swiss franc higher as well. However, from a technical perspective; the appearance of multiple rejections of the 142.200 which shares a confluence with the resistance level of the descending channel identified on the higher time frame. So, I am still leaning towards a...
CHFJPY Setup / Analysis 🕐 4hr's Chart Key Technical / Reason's SHORT ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Pivot and MA rejection confluence - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns