Pair Name CHF/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 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 ) Mid Term Type : Mid Term Swing —————————— Bearish...
CHF Basket - Lower-than-expected Swiss inflation has resulted in the single currency moving to the downside. While the figure is encouraging, the breakdown of the release showing a 2% Y/Y increase for domestic products will be a point of concern for the switch National Bank (source Reuters). From a technical standpoint, the basket highlights support at 894. I look...
Here is a possible trade entry criteria using volume profiles. It is a strategy that I recently learned. It is a possible addition and upgrade to my original strategy. Trading with Volume Profiles requires patience, since you need to wait for the market to retrace on the high volume price level which some takes days or weeks to play out. On this set up we can...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
FX:CHFJPY Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
Presently we are waiting for price action to determine price delivery. If we break below the dotted lines(demand or support) we will go short(sell limit) targeting the 162 price handle.
We have created LL and HL from this downtrend in the high timeframe. We expect the market to continue this parallel structure.
CHFJPY 4HR Analysis + Trade Idea by OfficialKieranTrewick Looking for a 4HR fractal pivot rejection off 170.750-171.000 to provide good entries for shorts down to 169.500 - 167.000, The daily trend is very strong with chfjpy ongoing since 2021 and with multiple recent rejections off the latter side it seems it may be loading up for the surge into ATNH but with...
Hello,Friends! Previous week’s green candle means that for us the CHF/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 168.960. ✅LIKE AND COMMENT MY IDEAS✅
CHFJPY currently finds itself in a distribution zone, characterized by a sideways market condition. Notably, there was a recent false bearish breakout below support, signaling a strong upward move. Despite this, there remains an expectation for a bearish breakout on subsequent structure, as we anticipate a corrective leg following the recent bullish trend.
trend is bearish printing new LH and LL retraced to 0.78 expecting to go further bearish from channel top instant sell
looking at price action we might sell till the 4hr demand
There is an upwards channel on the high timeframe for this pair, high chance of upwards movement from any of the three entry points on the chart. I will be scaling in a small amount on the higher risk entry, allowing for some expected drawdown and then adding more at the other entry points.
So here's a freebie, hope you're all well and profitable. Any questions about this forecast please send me a direct message. The Elliott Wave labelling is straight forward but there is no such thing as a stupid question.
CHFJPY -@monthly highs _new weekly high(once we get closure above 170,534) _As seen in previous Bearish Legs (HH) when a new HH is formed a consolidation period begins before any bearish movement to the downside #BYKCAPITAL #LETSEAT
chfjpy 16-20 FEB Stong buy trend for month, wait for retracement level
London session started by grabbing some sellside but not all of it which results in a lot of liquidity at buyside, its intention is to grab sellside properly then itll transition its intention to getting the buyside it manufactured.