Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: As we can see from chart price here was in an accumulation phase for the last 2 weeks and on Friday it manipulation buy side liquidity, so now I expect distribution lower for sell side liquidity. Like, comment and subscribe to be in touch with my content!
This trade Idea uses the Smart Cloud System as Its primary tool to gain the Mark-Up Data.
CHFJPY trading bullish for a long time. Now I think it will start falling. It is very hard to analyse technically when price at All-To-High. But i think because of last changes made by Bank of Japan price will start to drop. Actually from 4 hour chart it is already started, it is traded in range and now dropping by making falling channel.
Drawing from insights gleaned on the daily timeframe, an auspicious opportunity emerges to initiate a buy position on CHFJPY at the current juncture. Despite the inherent risk, this analysis suggests a favorable upside potential in the forthcoming sessions. Let us observe attentively as market dynamics unfold, monitoring closely the progression of this strategic trade.
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
I am going long CHFJPY at market price. Long term trade. SL : 167.08 TP: 170.75 I am only sharing my trades, not a recommendation to the market.
CHFJPY is in a correction period. at the support level 166.919 if the price cannot break through It is expected that in the short term there is a chance that prices will rebound. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Scanned through the CHF/JPY 30-minute chart and we're seeing a classic Elliott Wave play out. After completing the pattern with wave (5), the chart is showing a downward (a)-(b)-(c) correction. I'm tracking this closely to see if it hits the projected (c) wave target at 166.707. Traders might want to keep an eye on this level! What are your thoughts on where we go...
This Chart shows bearish Trend as its printing Lower Highs and Lower Lows The RSI also Shows a Bearish Trend and their is no divergence.
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry . This is my opinion, not for any signal service. Good luck.
The CHFJPY has shown a significant upward trend, staying above the swing low. This suggests strong demand for this pair, meaning there's a lot of interest from buyers. So, we're looking to place a buy order and aim for profits based on how the market is moving.
I am buying the CHFJPY currency pair. SL: 167.15 TP: 170.014 I am only sharing my trade signals, not a recommendation to enter the markets .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CHFJPY failed to renew the recent low and is moving near the psychological level of 167.000. The chart is forming a rounded bottom, which indicates an imminent reversal of the price direction. We expect a correction of the price drop after the chart fixes the nearest level. ------------------- Share your opinion in the comments and support the idea with like....
The price has been moving in the Descending channel for more than a month. March 27 - the price reached the lower level of the channel, which gave the mood to BUY. However, on the way we have a strong level - 167.280. This zone will slow down the price. But yesterday the price still consolidated at this level. This means that now she has enough strength to take...