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 -...
β 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 SHORTπ₯ β Like and subscribe to never miss a new idea!β
CHFJPY, the price is in the key resistance zone 161.248 if the price fails to break the resistance. It is expected that there is a chance that the price will correct. Consider selling the red zone. >> GooD Luck π
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.
As we can see, at 2h Timeframe it is very clear that the price made a channel pattern, and yesterday it has broken through the resistance. where will the price go? from my point of view and how the candle moves ( you can see the daily candle ), the price will go to the strong area and will come back again. what's unique from here is that I found the possibility of...
CHFJPY falls below EMA, ALMA, and daily mid-bollinger band. It might continue its descent until it hits support on 155.6.
Pair Name : CHF/JPY π¨Time Frame : 4hrs Chart / Close βScale Type : Large Scale ------ π 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 βοΈ Key Technical / Direction ( Short ) Type : Mid Term Swing βββββββββββ βοΈBearish...
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Natural - Lead To Long π Educational / Short βββββ**- π Just browsing through my analysis means a lot to me. β‘οΈ Update - ββββ VIP Opportunity Take Profit 1 Account Growth = 5 % Pip' Achieved = 60 PIP
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short π Educational βββββ**- π Just browsing through my analysis means a lot to me. β‘οΈ Update - ββββ VIP Opportunity Take Profit 1 + 2 Account Growth = 10 % Pip' Achieved = 120 PIP
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short π Educational βββββ**- π Just browsing through my analysis means a lot to me. β‘οΈ Update - ββββ VIP Opportunity Take Profit 1 + 2 + 3 Account Growth = 15 % Pip' Achieved = 150 PIP
Here is our detailed technical review for CHFJPY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 158.907. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 160.424 level. P.S We determine...