CHFJPY short term sell biasCHFJPY technical analysis The pair break out of the chart pattern Their is rejection of the trendline to the downside in the 30minutes timeframe The price might still retest the trendline Bias is to the downside support my work by giving me the thumbs upShortby AMBAFX2
CHFJPY "PLEASE READ THE COMMENT" CHFJPY has recently breached its trend channel, but it continues to exhibit a bullish bias. This alone is not a sufficient signal to initiate selling positions. I would prefer to observe a breakdown below the present support level, accompanied by the formation of lower lows and lower highs. This would provide a compelling opportunity to consider selling positions, aligning with the target levels illustrated on the chart. Please, don't follow my signal blindly, trade based on your own risk.by Omani7713
CHF JPYCHF JPY is in a bullish trend on 1H time frame. It is bouncing back from it's last support level. We can take a buy entry hereLongby dawoodabbas260
DeGRAM | CHFJPY selling opportunityCHFJPY is trading in the descending channel. The market is testing the resistance level, golden zone, and dynamic resistance. Price action is printing lower lows and lower closes, indicating bears are in control. The price is likely to test the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM6612
CHFJPY H4 | Rising into 78.6% Fibo resistanceCHFJPY is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 165.734 Why we like it: There is a pullback resistance that aligns with the 78.6% Fibonacci retracement level Stop Loss: 166.581 Why we like it: There is a multiple swing-high resistance Take Profit: 164.040 Why we like it: There is a multiple swing-low support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets2
Never ending story I Love ItI wish I got good news for people who are on Sale Side... NOPE It will go up Buy or stay awayLongby europexUpdated 555
CHFJPY BUY Set up CHFJPY BUY Set up - I am new to posting on here please bare with me :)by patstar06050
WAITING FOR MORE CONFIRMATIONSWaiting for more confirmations. Could possibly break support and retest or reject support for a continuation for the buy. Waiting for a break of trend or support.by Nickie_GLBFX0
High Probability Reversal On CHFJPYI continue to focus on structural moves on higher timeframes. This is another setup I identified, and here's a breakdown of how I derived my downside bias. FOREXCOM:CHFJPY has been in an uptrend since January 2023. It topped out on August 21st of this year. Price retests the high and fails to break higher. Just a day after price retests the daily high, there was a large selloff. This is the first sign that buying volume is becoming more and more insufficient in propping price higher. Now that I plotted upper and lower range bound levels, price broke below the 164.719 level in the previous session close. In the current session, price is continuing to trend lower, which further supports my bearish bias. Shortby FinancialGamblRUpdated 3
"📉 Short Call Opportunity: CHF/JPY Trade Analysis 📉CHF/JPY Technical Analysis - Short Call (SELL) Entry Price: 164.529 Take Profit 1 (TP1): 164.145 Take Profit 2 (TP2): 163.908 Stop Loss: 165.145 Risk-Reward Ratio (RRR): 1:1 Analysis: Entry Basis: This trade is based on resistance from a trendline and EMA (Exponential Moving Average) trending. Entry Point: Your entry point at 164.529 is above the current market price, indicating a potential bearish move. Confirm bearish momentum before entering. Take Profit Levels: TP1 at 164.145 and TP2 at 163.908 are your profit targets. Ensure these levels align with significant support areas, EMA levels, or prior price action. Stop Loss: Your stop loss at 165.145 is placed above your entry point, which is a good practice for risk management. Adhere to it to limit potential losses. Risk-Reward Ratio (RRR): Your RRR is set at 1:1, indicating an equal potential reward and risk. Consider adjusting it to 2:1 or 3:1 for enhanced risk management. Additional Considerations: Stay informed about economic events impacting CHF and JPY, monitor market sentiment, and avoid over-concentration in one trade. Trade Management: Move your stop loss to break-even or use trailing stops as the trade progresses. Regularly review and adapt your strategy based on market conditions. In summary, your CHF/JPY trade is based on resistance from a trendline and EMA trending, and you are looking to capitalize on a potential bearish move. Continuously monitor the market, employ proper risk management, and be ready to adapt. Trading carries risks, so prepare for different outcomes and seek professional advice when necessary.Shortby The_TradingW0LF2
CHF/JPY which way?Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)by FortunaInvestments4
CHFJPY Will Go Down! CHF-JPY broke the key Horizontal level of 164.621 But is now making a Pullback to retest The broken level which Is now a resistance From where I think The pair will keep growing Sell!Shortby kacim_elloitt114
CHFJPY SELLHi, According to my analysis of CHF and JPY, there is a good selling opportunity. We note that the pair broke the support at the level of 164.590. With a very large red candle. It also broke the moving average 200. The price bounced from the area but was unable to breach it. A descending channel has formed, indicating that the market is for sale. Good luck everyone Shortby inv_market094
CHFJPY BUY OPPORTUNITYFor this pair Im seeing 2 scenarios, of where price could possibly turn, it can go further upalso to sweep the liquidity on top, so dont rush to sell when it reaches the highsLongby ELCapitalFXUpdated 13
CHFJPY H4 I Reacting off 38.2% Fibo?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 165.42, which is an overlap resistance that aligns with the 38.2 FIbo retracement. Our take profit will be at 164.22 which is an overlap support level. The stop loss will be placed at 166.17, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not Shortby FXCMUpdated 0