CHFJPY is trading in the descending channel. The market is testing the resistance level, golden zone, and dynamic resistance. Price action is printing lower lows and lower closes, indicating bears are in control. The price is likely to test the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
CHF-JPY broke the key Horizontal level of 164.621 But is now making a Pullback to retest The broken level which Is now a resistance From where I think The pair will keep growing Sell!
Hi, According to my analysis of CHF and JPY, there is a good selling opportunity. We note that the pair broke the support at the level of 164.590. With a very large red candle. It also broke the moving average 200. The price bounced from the area but was unable to breach it. A descending channel has formed, indicating that the market is for sale. Good luck everyone
Hello traders, we want to check the CHFJPY chart. The price has broken the uptrend line and pulled back to the key level that the price has reacted to several times in the past. If the price cannot break this level and can stabilize itself, this area is a good place to enter a sell trade. We expect the price to fall to around 164,500. Good luck.
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
CHFJPY is trading in the ascending channel. There is a high chance that the price will breakout. The market is consolidating if you look at the 4H chart. It created a bullish harmonic pattern that works well on sideways markets. We expect a bounce off the support level at 165.000, which is psychological as well. ------------------- Share your opinion in the...
CHF-JPY was trading in a Rising wedge but now we Are seeing a bearish breakout So I think that we will see A local bearish correction !
Risk 0.5% TP1 = 1:3 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
The CHFJPY pair has been on a very strong and steady rise, supported by the 1D MA50 (blue trend-line) since the March 29 break-out. Our last signal was on April 28 (see chart below): The situation hasn't changed and the trend remains bullish, aiming at a +8.00% extension. Our target is 171.000. If however the pair breaks below the 1D MA50, we will close it...
Here is my analysis for CHFJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for CHFJPY on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CHFJPY Sell Stop Loss: 161.9 Take Profit Targets: 161.1 161.0 160.8 160.6 160.0 159.0
CHFJPY Sell Stop Loss: 162.0 Targets: 161.2 161.1 161.0 160.7 160.0 158.0 156.0
CHF-JPY was trading In a bullish wedge Pattern But now we are seeing A Bullish breakout So I think the price will go further up !
Here is my view for CHFJPY for monthly timeframe. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello Guys, I made a post on this last week stating that I want to see this pair rally into my daily order block. Which it did. Now, I expect a CHOCH from bullish to bearish to take a short. I also made a trade on CADCHF (see below for analysis) Follow for more updates. CADCHF Cheers, Jabari
The CHFJPY pair had a strong 5 week rally since our last buy call (see chart below) on April 28: Our final bullish target remains 159.000, which will make a perfect contact with the Higher Highs trend-line since January. But given the fact that the 1W MA50 (red trend-line) has been tested twice this year, we expect a stronger rejection this time and decline...