CHF JPY SELL There is a potential trend reversal on the 4 hour timeframe.
Stop loss: 173.72
Take profit: 17.76
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CHFJPY trade ideas
CHFJPY Long Re-entryCHFJPY Long Re-entry after finger pre-close.
MISTAKE: Looked at chart at 16 not 21 and got scared, the day would close with positive result.
Took some profit anyway. Generally positive result.
CHFJPY - BULLISH MOVE
Previously, The CHFJPY Formed a Bullish Double Bottom Pattern and Broke The Lower High (ChoCh).
At the moment, the price has pulled back and formed rectangle pattern.
The resistance level is broken!
So, I Predict another Bullish Move📈
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TARGET: 172.990🎯
Buy setupPrice is retesting support as it has done over and over again. If you want to join the ride up, then now is your time.
As usual, it is essential to trade safely - do your own analysis first and weigh the potential risks against the potential gains. If the trade is worth it, then you can take it.
Buy setupPrice is retesting support as it has done over and over again. If you want to join the ride up, then now is your time.
As usual, it is essential to trade safely - do your own analysis first and weigh the potential risks against the potential gains. If the trade is worth it, then you can take it.
CHF-JPY Bearish Bias! Sell!
Hello,Traders!
CHF-JPY went up sharply
But the pair has hit a
Horizontal resistance level
Of 172.690 and we are
Already seeing a bearish
Reaction so we will be
Expecting a local move down
Sell!
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CHFJPY A Fall Expected! SELL!
My dear followers,
This is my opinion on the CHFJPY next move:
The asset is approaching an important pivot point 172.41
Bias - Bearish
Safe Stop Loss - 173.02
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 171.51
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CHFJPY Is Very Bearish! Short!
Here is our detailed technical review for CHFJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 172.156.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 170.706 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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CHFJPY Uptrend Pullback TradeCHFJPY Uptrend Pullback Trade
1. Nice Momentum candles build-up
2. BUY/SELL indicator confirmation
3. Currency Strengh Meter confirmation
4. Trend Following Confirmation
5. Positive Swaps
6. Price above 3 MA's (20,50,200)
7. 2% Risk, 2:1 R:R
8. Possible Partials
9. Trailing stop based on ATR
10. 3 x daily ATR Stop Loss based
11. 7 Bars time-based stop loss if no reaction
12. Closing at break of structure/opposite signal
CHFJPY: Great Trading Opportunity
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 172.17
Stop - 173.10
Take - 170.70
Our Risk - 1%
Start protection of your profits from lower levels
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buy chfjpy
Breakdown of its corrective downtrend and break the previous peak, the target of the previous peak and close to the pivot
✅CHF_JPY BREAKOUT|LONG🚀
✅CHF_JPY broke the key
Horizontal level of 171.900
Which is now a support so
We are bullish biased and
We will be expecting a
Further move up
LONG🚀
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CHF/JPY For Bullish For Swing Tradeyou can go long now
or
wait for break current channel at red arrow and go long with retest
- JPY is Weak
- CHF will retest strong resistance at target 2 as swing may be next week
have fun :)
CHFJPY
NZD GBP already hit all time high where it was originally a few weeks ago before intervention.
All jappy pairs are coreleated so they should all get there eventually
Based on the correlations data from Myfxbook, here are the percentage correlations of NZD/JPY with other JPY pairs on a daily timeframe:
AUD/JPY: 76.1%
CAD/JPY: 89.2%
CHF/JPY: 87.0%
EUR/JPY: 74.8%
GBP/JPY: 72.6%
USD/JPY: 92.7%
These correlations indicate how closely the movements of these pairs align with NZD/JPY. Higher percentages mean stronger correlations, suggesting that these pairs tend to move in similar directions.
Potential Bullish IdeaIt looks like the market is in a wave 4 (triangle) of the potential up trend with what looks like an impulse. Upon breaking the upper line of the potential triangle (correction), it will add more confluence to our plan. As it stands, we're looking for upward movement with this instrument. If one is to engage with it, make use of your trading tactics including RM, RRR and never forget your SL because, it will keep you longer in the market.
CHFJPY → Trade Analysis | SELL SetupCHFJPY is creating symmetrical triangle and is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Price is approaching the previous high, where the market dropped.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CHFJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
