CHFJPY - Short SetupCHFJPY Analysis - SHORT 👆
In this Chart CHFJPY DAILY Timeframe: By Nii_Billions.
❤️This Chart is for CHFJPY market analysis.
❤️Entry, SL, and Target is based off our Strategy.
This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts.
The strategy uses technical and fundamental factors, and market sentiment to predict a BEARISH trend in CHFJPY, with well-defined entry, stop loss, and take profit levels for risk management.
🟢This idea is purely for educational purposes.🟢
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CHFJPY trade ideas
CHF/JPY "Swiss vs Japanese" Forex Market Bullish Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
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Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Target 🎯 : 174.600
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CHFJPY short tradeBias
Bearish
Fundamental Analysis
CHF is turning more bearish as all datas are worse. JPY on the other hand is turning bullish due to global interest rate reducing
Price Action:
Price broken out of H1 support level and rejection from H4 resistance level. Price is likely to head lower to swing low.
Confluence:
Higher TF (W/D/H4) - H4 resistance level. Broke of double top pattern. RSI for H4 went below 50
Lower TF (H1/M30/M15) - Broke of H1 support level. broke of H1 double top pattern. RSI for H1 went below 50
Set up:
Short setup - at H1 broken support level of double top neck level.
SL - swing high of last H1 high.
TP next swing low of H4. R:R 1:4.
Swiss Franc / Japanese Yen | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Swiss Franc / Japanese Yen
- Double Formation
* A+ Set Up | Resistance Area At 180.400 JPY
* Pattern Confirmation | Entry Bias | Subdivision 1
- Triple Formation
* Pennant Structure | Reversed Set Up At 173.380 JPY | Subdivision 2
* Retracement (1) & (0) | Survey Valid
* 012345 | Waves Not Numbered | Short Set Up | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
#CHFJPY 4HCHFJPY 4-Hour Analysis
The CHFJPY pair has broken down below a significant trendline support on the 4-hour chart, signaling a potential shift in momentum to the downside. This breakdown suggests increased selling pressure and presents a sell opportunity.
Technical Outlook:
Pattern: Breakdown Trendline Support
Forecast: Bearish (Sell Opportunity)
Entry Strategy: Enter a sell position after confirming the breakdown with bearish price action signals, such as a retest of the broken trendline as resistance or continuation of lower highs and lows.
Traders should use indicators like RSI or MACD for additional confirmation of bearish momentum. Risk management is essential, with stop-loss orders placed above the retest level and profit targets set at the next key support zones.
CHFJPY ON THE MOVECHF/JPY is showing strong bullish momentum, supported by a breakout above a key resistance level, with robust bullish candles and minimal upper wicks indicating sustained buying pressure. Earlier in the session, a liquidity sweep below a prior low triggered sell stops, followed by a swift recovery that suggests accumulation by buyers. The pair is trading above a rising intraday trendline, confirming it as dynamic support, and above the 50- and 200-period moving averages, with a golden cross reinforcing the bullish outlook. Bullish divergences on the RSI and MACD highlight strengthening momentum, while increasing volume on upward moves compared to lighter pullbacks signals strong buyer dominance and the potential for further gains.
+ testing all KL, be advised
CHFJPY TRADE UPDATE Good Morning Everybody, There is a trade setup that’s developing right now. As we analyze the current market conditions, we can see that both the weekly and daily charts are indicating a bearish trend, which suggests potential downward movement. Additionally, the 4-hour timeframe is beginning to show signs of a shift towards bearish sentiment as well.
Our next key step is to wait for the candle to close in a bearish position at 9 AM. Once that happens, we will be on the lookout for a pullback or retracement in price. This pullback will create an opportunity for us to shift our focus to the smaller timeframes, where we will be monitoring for a definitive change in market structure. By doing so, we can position ourselves to take advantage of potential downward movements in the market. Let’s stay sharp and wait for the right signals!
CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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CHFJPY Will Go Down! Sell!
Here is our detailed technical review for CHFJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 172.362.
Considering the today's price action, probabilities will be high to see a movement to 171.702.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
CHF/JPY is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 170.982 level.
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