H4 - Bullish trend pattern. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Hi there traders I am back with another signal. Sell CHFJPY at market SL 171.025 TP 164.33
CHFJPY is making higher highs and higher closes, indicating a bullish trend. The market broke and closed above the 169.000 psychological level, which became support. We expect a retracement and bullishness following a retest of the major resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to go a little higher to fill half of imbalance and then to reject from bearish order block + institutional big figure 169.000. Fundamental news: Upcoming week is full of news with...
CHF/JPY could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 169.724 which is an overlap support. Stop loss is at 169.100 which is a level that lies underneath an overlap support. Take profit is at 170.612 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin...
Now, is retracement time. Let's see, volume is still high and it should drop with a retracement or a wave. If retracement is successful then an accumulation should happen. And then decide trend.
Waiting for a retest of 169.228 to short CHFJPY back to 4H swing low at 167.198 If you agree drop a like and if you have any questions leave a comment :)
Hello,Friends! CHF-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 169.414 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Daily downtrend, 4hr supply entry into new lows, entering midway thru level, 5:1 RR.
I've had this area alarmed from a quite a while which triggered as this hit the 2 pivot 1.618 extension. Now having let it develop; it does look bearish on all time frames Firstly on the 3 week chart, there is bearish divergence between the 2022 peak and impulsive end; BC Buying Climax that completed summer 2023. As so often is the case with Wyckoff and...
💎Sell CHFJPY @ 167.7 - 167.9💎 Tuesday 03/26/2024 10:43 PM EST 168.3 StopLoss —> 167.65 BreakEven+ TakeProfit 1: 167.5 TakeProfit 2: 167.3 TakeProfit 3: 167.1 TakeProfit 4: 166.9 TakeProfit 5: 166.7 TakeProfit 10: 165.7 TakeProfit 20: 163.7 TakeProfit 30: 161.7 Richard Eyo ~The Wizard 🧙♂️
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
CHFJPY is printing a series of lower highs and lower lows, forming a bearish pattern. The candlestick pattern forming on the last lower high is a bearish engulfing pattern which solidifies the continuation of the trend.
Hello,Friends! We are targeting the 168.865 level area with our long trade on CHF/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
I think on bigger timeframes we are on a bearish trend and i think the short uptrend has been exhausted we can wait for a break out and sell.
Daily - bearish bias held. it looks extended, so we can expect a pullback here. Origin - asset will be bearish if price holds below** 168.663 - 169.042**. if it sustains above this zone, we can expect that pullback to continue. COT data does suggest neutral behavior but short contracts on JPY far outweigh CHF. so the pullback thesis works on that level as well.
H4 - ReEntry H1- 50 EMA Rejection + Extreme Sell M15- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close above MAHI in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by...