CHFJPY What Next? BUY!
My dear followers,
I analysed this chart on CHFJPY and concluded the following:
The market is trading on 184.26 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 184.55
Safe Stop Loss - 184.08
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
CHFJPY trade ideas
CHFJPY: Bullish Accumulation is Over 🇨🇭🇯🇵
It looks like CHFJPY finally completed a bullish accumulation
within a horizontal range on a daily.
Its resistance breakout and a formation of a new local higher
high higher close is an important event.
I believe that the market will grow more and reach 185.4 level soon.
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#7892025 | CHFJPY Supply Zone 1:15CHFJPY Supply Zone Appears in D1 Time Frame Looking Price Action for Long Term Sell
Risk and Reward Ratio is 1:15
After 50 pips Profit Set SL Entry Level
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Re-test resistance areaJudging by current market movements, it appears that OANDA:CHFJPY will attempt to retest its previous resistance area after breaking out of the supply and demand zone.
Referring to the previous price range, it's possible the price will test a key supply and demand level before rising to the resistance area.
CHF/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
It makes sense for us to go short on CHF/JPY right now from the resistance line above with the target of 182.348 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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CHF-JPY Resistance Ahead! Sell!
Hello,Traders!
CHF-JPY made a strong
Move up and the pair is
Locally overbought so
After the pair hits the horizontal
Resistance above at 184.100
From where we will be
Expecting a local correction
On Monday!
Sell!
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Check out other forecasts below too!
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CHFJPY POSSIBLE MOVEThe price stalks the support and resistance zone at 183.5. A break above this minor level will see price move to 192.2 after a retest at 183.5 to 184.6 with a bullish engulfing candle as on 4htf. Alternatively, should the price break and retest below 183.5 wait for a brearish reversal candle targeting price @ 180.0.
CHFJPY: Short Trade Explained
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 183.87
Stop - 184.04
Take - 183.53
Our Risk - 1%
Start protection of your profits from lower levels
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CHFJPY| - BullishHTF (4H/1H) Overview:
Price has displayed exceptionally strong bullish structure 😳. The setup indicates potential continuation to the upside.
MTF (30M) Setup:
Price held the 30M order block, gave a sweep, and lower timeframe structure switched via CHoCH. Price mitigated entry zones, confirming alignment with bullish momentum.
Trade Notes:
Entry was taken earlier in the week, and profit was secured before Friday’s market close. Currently, monitoring price for the next potential bullish opportunity.
Mindset Note:
Even with strong structure, patience and proper trade management are key. Watching how price interacts with OB and lower timeframe confirmations sets up for higher-probability entries.
CHFJPY... SUN 24 AUGUST 25 ... 12.28 Am IRTLong for this market for days and it retrace last the 2nd half of last Friday.. I think its the result of BOJ speech in Jackson Hole that seems leaning to hawkish tone..
Trying to decide if closing the position early Monday Asian session or wait..
On defensive strategy as it might fall sharply...
or still wait for further pullback before closing...
or stick to the preplanned set up which is still good for technicals but not fundamentall....
CHFJPY: Weak Market & Bearish Forecast
The price of CHFJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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