CHFJPY is trading in the ascending channel, which is just a pullback of the bearish momentum move. The market tested major resistance and then fell, which could be a potentially BC move of the AB=CD pattern. Price action will most likely break and close below the channel and continue to trend downward. ------------------- Share your opinion in the comments...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
CHFJPY is on the way of touching the all time high, making the history of CHF strongest dominance over JPY. We are expecting price to drop from 157-158 price range. Let's see how it performance.
CHFJPY is testing the resistance that was tested in 1979. The market is getting close to the kill zone, which includes psychological level 155.000 and fibo inversion level. If you short this market, it can potentially go down forever from this level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Here is my view for CHFJPY on H1. 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 is trading in the descending channel on the 4H timeframe. The market is approaching the kill zone: channel border, golden ration, and psychological level at 152.000. Price action is printing lower lows and lower closes, indicating bears are in control. The price is most likely to react to this level by rejecting it. ------------------- Share your...
Here is my view for CHFJPY on W1. 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 is trading in the descending channel. The market is testing the resistance, fibo level, 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 your support!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Currency Pair : CHFJPY Possible direction : Bullish Technical Analysis : With the weakness in jpy, CHFJPY has merged with long term uptrend after grabbing liquidity from the daily and weekly support. Price is currently all time high and any time after little pullback we could see chfjpy may take off again to create new all time high level. Possible trade...
The CHFJPY pair traded exactly as we expected more than 1 month ago, rebounding on the 2021 Higher Lows trend-line and hitting out 147.500 target: Today we see an impressive green 1D candle, indicating that the rally that started back then will have an extension. The 1D RSI indicates that we enter the final bullish leg of a sequence similar to June 2022. This...
Pair : CHFJPY ( Swiss Franc / Japanese Yen ) Description : Bullish Channel in Short Time Frame Completed " ABC " Corrective Wave Divergence Break of Structure Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Making its Retracement
Here is my view for CHFJPY on H1. 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 is making higher highs and higher closes, indicating a bullish trend. The market broke and closed above the small range zone. We expect a retest of the major resistance before the major trend continues. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
CHFJPY broke out of the ascending channel and made a sharp move down. The market is getting close to the kill zone, dynamic resistance, a fibo level, and a bearish harmonic pattern. The price is likely to rebound from resistance and go down . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
As we can see, the market is currently testing Fibonacci retracement to the 0.618 level. The 0.618 is also standing on a strong market structure of resistance which we can expect the market to reject in the short term. We will approach this trading opportunity by monitoring price action during the move to the upside as the market still has bullish momentum and as...
The CHFJPY pair almost made contact 2 days ago on the September 20 2021 Higher Lows trend-line and is so far seen rebounding. So far today this is contained on the 1D MA200 (orange trend-line). As long as Support 1 (140.200) holds, we are buying targeting just below Resistance 1 at 147.500. If the Higher Lows trend-line breaks, we will close in loss and go short...