chfjpy has just reached our point of interst and sweeped liquidity from the daily low, so we are it till the last 5m imbalance at the high
Hey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 166.650 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 166.650 support and resistance area. Trade safe, Joe.
CONSERVATIVE APPROACH: SLO2 @ 168.90 ⏳ SLO1 @ 168.00 ⏳ TP1 @ 159.30 TP2 @ 154.00 TP3 @ 150.10 TP4 @ 144.05 — Remember, we have lots of News events over the next few weeks, so ANYTHING can happen. — That being said, the above is the most conservative approach I found. AGGRESSIVE APPROACH: TP @ 168.00 BSO @ 164.80 ⏳ BLO @ 164.20 ⏳ — And for those who are risk...
CHFJPY short from big resistance zone! Let me know what you think!
According to the formed harmonic pattern. If he fails the desired level, the probability of reaching the desired target is high
#CHFJPY UPDATE Hello traders community. Hope you all are enjoying your trading journey. Today we are looking into the #CHFJPY. CHFJPY was in a strong down trend yesterday and start moving upside after grabbing the liquidity. Here we can see that it has done the consolidation and form a bullish peanut, that is a symbol of bullish move. This is a high quality...
CHFJPY Long idea Chart shows a bullish order flow and price is correctively approaching the 30mins Order block (demand zone). We expect a bullish continuation.
Bullish on JPY right now. Many pairs made their move last week and corrected. CHFJPY has been the most bullish for years, so I chose it to be my fighter. We should be in minor Wave 4 for now, so a short with invalidation above 167.72 is a clean trade. Looking for TP around 160.00.
Finally the chaos has slowed down a bit. I think a clean BUY trend movement will begin. With a stop-loss of 43 pips, +270/290 pips TP seems appropriate. In order to avoid dirty wicks in the part where the stop-hunt will take place, I determined an entry even lower than the actual entry point. This week I have buy-limit entries in GBPJPY and CHFJPY. Both trade =...
We have hit Daily Breaker. In h4 we have a FVG + Breaker setup (Unicorn) We have a run on Buyside to Daily breaker. We have a run on stops in M15. We have Market structure shift in H1. Added confluence, JPYBasket is looking bullish.
On CHF/JPY is nice to see strong buying reaction from the price 165.480 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Volume cluster are my mainly...
Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
It might come back down again after hitting 166.40, 166.55 or 166.75 My Target will be 162.20
CHF has clearly outperformed against JPY - due to rate differentials. However, with rate peak expectations in place for majority of the economies - alongside slowing GDP growth for Swiss, JPY looks like a clear alternative relative to other countries - which would likely work even during period of crisis (both are safe haven classes). Looking at a RR of ~2:1...
CHFJPY trade idea: Entry: Now Possible SL: 164.35 Possible TP: 166.5 This is not a financial advisor, it's only a idea from a day trader doing it for fun. Thank you!
Pretty precarious short trade on the Swiss/Yen. The years long uptrend has been exhausted for ages, but with the Yen's across the board weakness, price has steadily climbed. I entered a short on the 28th and added a lot on the 29th. Technically, I did get a signal from my indicators, but they haven't did very well against any Yen pairing as of late. We'll see how...
Waiting for a retest of 166.569 to short CHFJPY back to 4H swing low at 161.750 If you agree drop a like and if you have any questions leave a comment :)
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we can see that price clear all sell side liquidity, filled the imbalance and rejected from institutional big figure 162.000. Now I expect bullish price action price to fill that huge imbalance higher. Fundamental news: Upcoming week on Thursday we will see result of Interest Rate on...