Daily downtrend, 4hr supply entry into new lows, entering midway thru level, 5:1 RR.
My dear friends, CHFJPY looks like it will make a good move, and here are the details: The market is trading on 167.62 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 168.52 Recommended Stop Loss - 167.06 About Used...
The CHFJPY pair almost hit the 172.500 Target that we set on our previous call (December 19 2023, see chart below): Since then it has pulled back significantly, giving rise to a new Channel Up pattern. The major development is that it is about to touch the 1D MA200 (orange trend-line) for the first time since April 06 2023. We are prepared to buy after it...
Type of order: BUY, MARKET ORDER. We´ll check during the day this trade. Follow me to know if we need to close it before. Blessings.
CHFJPY has created a bearish breakout on the hourly support which is likely to continue the bearish momentum to the downside once the price completes with the pullback formation. Expecting a downfall towards the bottom support identified.
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...
this chart shows bearish trend for CHFJPY on 1h time frame using bearish hammer pattern.
It appears that the CHF/JPY currency pair is beginning to recover and exhibit a bullish trend, indicating that the Swiss franc (CHF) is gaining strength against the Japanese yen (JPY). This emerging trend may signify improving sentiment towards the Swiss economy compared to Japan's. Traders analyzing the market may observe signs of upward momentum, such as higher...
CHFJPY is making lower lows and lower highs. it is in bearish trend
💎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 🧙♂️
Chfjpy is ready for BIG drop. Simple Breakout of trendline and rejection on retest. We observed rejection in smaller timeframe giving us confirmation to short. TP and SL are marked. No overrisk and always follow risk management.
CHFJPY: A bigger bearish wave could happen After the meeting today from Japan's top currency diplomat Kanda commented: Recent yen moves are not reflecting fundamentals Speculative moves are behind recent yen movement Does not consider a 4% move in a span of 2 weeks as being a "mild" move Closely watching FX moves with a high sense of urgency Will not rule out...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
✅CHF_JPY is going down now But a strong support level is ahead at 167.000 Thus I am expecting a rebound And a move up towards the target at 168.342 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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.
Buy buy , after taking sell side liquidity we finally gone see some upside on the pair..bouncing off the OB, we off to 170.80
CHFJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy CHFJPY Entry - 167.71 Stop - 167.20 Take - 168.78 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
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✅