This is for short term Marked Possible Buy zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
Going into the week , anticipating a profile to form
As the price is approaching Fib level 0.786 (172.498), it will retrace to some degree, so we could prepare to short. In the past, price reacted at 0.382 (154.474), 0.5 (159.739) and 0.618 (165.003). Limit Price: 165.0 (-7.5). Stop Price (+1 ATR): 177.1 (+4.6). Reward/Risk: 7.5/4.6 = 1.6.
Hello, Here is my ideal on CHFJPY. Thank you for watching
Combination of overlapping Head and Shoulders with Cup and Handle patterns as well as the confluence with news release being close to the inflection points could result in strong volatility moves.
We have a retest from last night's resistance... We should be able to sell now! Please use risk management
a potential pullback to CPR idea on CHFJPY. we caught a good move up PD on this. today we are looking for a pullback to the median and rejection of it. ideally it will also tag PD AVWAP at the same time so horizon for this could be late London to early NY session today. but we only enter if CPR gets tagged and rejected
update SELL CHFJPY NOW ✅ STOP LOSS : 169.38 TAKE PROFIT : take profit will be when the trend comes to an end and will be shared with my vip members .. Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
We have been riding the grossly overbought area for some time, price is wicking in our favor. Set SL to the previous structure and we set TP to the 0.4 ratio on the tool.
CHFJPY is moving in bullish direction on 1h timeframe and it just made morning star pattern on a correction.
The BoJ meets next week. Governor Ueda last week signalled no change in policy. The cross is technically stretched so a correction could be overdue. However, it is difficult to envisage a sustainable turnaround until the BoJ raises rates, abandons YCC or the SNB sells Swiss Franc. Neither of the three scenarios looks plausible in the near term. BoJ intervention...
We have been oversold on the higher TF for quite sometime, we also have a respectable bearish push with no pull backs. Used sizeable Sl and using a soft target for TP. There is an imbalance just above TP, suspect we will shoot to fill-in that gap.
The supply point still looks strong enough to be penetrated, coupled with the movement on the trendline which still shows that movement in the Supply area has not been penetrated. 165 could be the potential for the next movement to weaken CHF in the JPY pair
Hello. Analysis of the exchange rate of the Swiss franc against the Japanese yen The analysis is based on Elliott waves, and with the completion of 5 rising Elliott waves, a downward correction is possible The main and important resistance is number 170 Support 150
market has broken market structure and on 4H demand zone, and on above 20 moving average in daily time frame.
Hello Everyone 🙋🏽♂️ Overbought + Breakout 🟠 EP 167.043 🔴 SL 168.309 🟢 TP1 165.828 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 164.401 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 163.246 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size...