CHFJPY Long idealets see how this is going to play out. We are in the buy OB of CHFJPY, we need to see breakout and we will be sure that this is going to be win trade. RR = 1:3 !
JPYCHF trade ideas
CHFJPY Bearish Wedge Breakout!CHF-JPY has formed a
Bearish wedge pattern
And we are seeing a
Bearish breakout now
So we are bearish biased
And we will be expecting
A further move down !
CHFJPY Is Bullish! Long!
Here is our detailed technical review for CHFJPY.
Time Frame: 5h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 169.713.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 170.855 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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CHFJPY: Long Signal Explained
CHFJPY
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy CHFJPY
Entry - 169.62
Stop - 169.02
Take - 170.82
Our Risk - 1%
Start protection of your profits from lower levels
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CHFJPY bullPrice currently on a inducement zone. If price buys at the current zone then we will scale in, but there is sell-side liquidity. TP 3 @ 170.800
05/09/2024 - 123...but it is 5pm and horizontal level above123, but horizontal level above price, plus, it is 5pm
Horizontal Support/Resistance, Diagonal Support/Resistance
divergence
CHF/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Previous week’s red candle means that for us the CHF/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 170.058.
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CHFJPY- Bullish DivergenceThis is moving wildly up and down without giving any idea of its direction where it is heading. On 4H TF i believe it is consolidation phase after brearking away from its downward trend.
Trade plan:
Two confluence are present once bullish divergence on RSI and consolidation box bottom can be the reason that pair might move upward.
Entry can be taken once the last LH is broken.
CHFJPY BULLSBuy until the high to see if we can break structure. Liquidity swept, strong demand, equal highs
CHFJPYCHFJPY price is near the strong support zone 169.355-168.854. If the price cannot break through 168.854, it is expected that in the short term, there is a chance that the price will rebound. Consider buying in the red zone.
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>>GooD Luck 😊
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CHF_JPY WILL GO DOWN|SHORT|
✅CHF_JPY is trading in a
Downtrend and now we are
Seeing a bearish breakout from
The bearish wedge pattern
So we are bearish biased
And a further bearish continuation
Is to be expected
SHORT🔥
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CHFJPY Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 170.800 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 170.800 support and resistance area.
Trade safe, Joe.
CHFJPY | 04.09.2024BUY 170.750 | STOP 170.300 | TAKE 171.400 | In the second quarter, the Swiss economy grew at its fastest pace in two years. During the Asian session, the pair developed a bearish impulse to break down, but hit a strong support level. We expect local growth today.
CHF/JPY For Bullish after finishing its correction waveyou can go long now
- Market Structure Broken at Red Arrow then its Reversal Signal For Change Trend From Down To Up
- we have Up Trend at Green Arrow and Blue Trend @ H4
- this Signals say its time to change the trend from down to up
- if price break current resistance at Orange Arrow its Big Signal For Up Trend Begin
have fun :)
CHFJPY BUY!CHF/JPY is currently at a major support area, showing bullish divergence, which suggests a potential bounce from this level. Consider buying on the breakout of the previous lower high for confirmation.
Short CHFJPYPrice currently in a downtrend. There is a induced zone which will force price to sweep the buy side liquidity. Place SL @ 171.380 and TP @ 170.813( R-R 1:4 )
CHFJPY LongOMG!!! here is a sweet setup for this pair, just waiting for a double bottom pattern to happen then i will go for a short
CHFJPY BUYPrice looks to be creating higher lows indicating a start of a bullish trend. I anticipate price to jump from this trend line as it has repeatedly been doing.
CHFJPY - Swing Short IdeaIn Monday (start of the new week) price swept previous week high liquidity (orange line) and show willingness to go lower by breaking the 4H structure.
So the following week I would expect to see price trades lower, potentially even to opposing liquidity pool like previous week low (orange line)
Thanks you and have a nice trading week! LFG!
CHFJPY | 02.09.2024SELL 172.700 | STOP 173.450 | TAKE 171.800 | The pair CHFJPY shows mixed dynamics, consolidating near the 172.700 mark; the bulls remain under some pressure at the beginning of the week.
CHFJPY LONGCHFJPY is in a up trend, is making Higher Highs and Higher Lows after retrenchment at fib level 0.618. we will place buy order.
ChfjpyPrice hit the h4 support which got tested many times...and got to move in a range...the range was later discovered to be a rising wedge whereas the downtrend it was moving on was confirmed to be a falling wedge..now price broke and test the range resistance which turned into a new support...upward movement is supported for the chfjpy
CHFJPY: Bearish Continuation & Short Trade
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 172.60
Stop - 173.43
Take - 170.95
Our Risk - 1%
Start protection of your profits from lower levels
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