CHFJPY has been in an uptrend and has seen a very extended move to the upside after Japanese inflation came out. At the moment, we are seeing ahealthy pullback being made towrd the daily pivot point before in my opinion continuing the move to the upside.
Long Term Trend Bullish Mid Term Trend Bullish Short Term Trend Bullish 6D Bar Chart Bullish CHF/JPY Technical Analysis Moving Averages:STRONG BUYBuy ( Technical Indicators:STRONG BUY Name S3 S2 S1 Pivot...
Please, check our technical outlook for CHFJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 162.520. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 158.758 level. P.S The...
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!
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 ——————————— Bearish...
CHFJPY bulls could be throwing in the towel with daily trendline support vulnerable of a test o a break of 162.75 as explained in the video.
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 162.000. Like, comment and subscribe to be in touch with...
In Singapore a slight majority of analysts expected a 6th consecutive tightening move by MAS in order to tackle inflation, so the pause along with the conservative MAS statement on the inflation outlook saw a weakening of the S$. - Gold extended gains amid USD weakness; The US dollar index is testing one year lows at 100.78 during the morning. - Nikkei...
-SL @ 107.10 🚫 SSO1 @ 106.25 ⏳ SSO2 @ 103.88 ⏳ TP1 @ 95.78 (shaving) MP @ 90.45 (shaving) TP2 @ 90.45 (shaving) TP3 @ 86.52 (closing ALL Sell Orders) BLO1 @ 79.00 ⏳ BLO2 @ 75.46 ⏳ -SL @ 73.80 🚫
Being that Price Action (PA) continues to go long, please manage your trades as we take the risk of shorting it from here. SSO1 @ 158.50 ⏳ SSO2 @ 152.60 ⏳ TP1 @ 141.33 (shaving 25%) TP2 @ 131.85 (shaving 25%) TP3 @ 124.90 (shaving 25%) TP4 @ 114.15 (closing ALL Sell Orders) BLO1 @ 111.55 ⏳ BLO2 @ 105.25 ⏳ WE ARE A COMMUNITY BOOST a trade idea to share with...
CHFJPY has just broken the last high in the uptrend... A continuation to the next pivot point is to be expected...
On CHF/JPY, we have a bearish setup with the price breaking through a Forex48 block at the level of 161.88. That will be the point of interest to consider a short position if the market provides a double confirmation at M15 timeframe. The target will be 160.90. Let me know your thoughts. Happy trading to all from Nicola, the CEO of Forex48 Trading Academy.
In the absence of any surprises in the markets, CHFJPY seems to be destined to breakout territory to the downside at last week's and month's highs.
Based on the H4 chart analysis, we can see that the price is raising towards our sell entry at 163.61, that aligns with 61.8% Fibo Projection and 161.8% Fibo extension level indicating Fibo confluence. Our take profit will be at 161.59, which is a pullback support level. The stop loss will be set at 165.35, which is just above 78.6% Fibo expansion level. Please...
Based on the H4 chart analysis, we can see that the price is raising towards our sell entry at 163.58, that aligns with 61.8% Fibo Projection and 161.8% Fibo extension level indicating Fibo confluence. Our take profit will be at 161.57, which is a pullback support level. The stop loss will be set at 165.23, which is just above 78.6% Fibo expansion level....
CHFJPY Sell Stop Loss: 161.9 Take Profit Targets: 161.1 161.0 160.8 160.6 160.0 159.0
My dear subscribers , CHF/JPY looks like it will make a good move, and here are the details: The asset is approaching an important pivot point 160.971 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 160.279 Safe Stop Loss -...
✅CHF_JPY went up to retest a horizontal resistance level of 161.600 Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below at 160.600 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅