Get started

Chfjpybuy

CHF/JPY Long Trade: Riding the Symmetrical Triangle BreakoutHi Traders ! I entered a long position on the CHF/JPY 15-minute chart, based on a potential bullish breakout from the symmetrical triangle formation. Here's my analysis: 1. Rising support and bullish pressure: The lower trendline shows higher lows, signaling accumulation and a likely breakout to the upside. 2. Moving Averages: The EMAs are tangled, but the 200 EMA (red) has consistently acted as dynamic support during consolidation. 3. RSI: The RSI is rebounding from the 50 level, indicating renewed buying momentum. 📈 Entry: Around 172.224. 🔴 Stop Loss: Set at 171.710, just below the triangle support. 🟢 Take Profit: Positioned at 172.674, using the triangle's height projected upwards as a target. This trade offers a solid risk/reward ratio with strong technical backing. Now, I’ll monitor the volume and wait for a breakout confirmation to validate the move. Does this align with your trading style, or would you tweak anything further? 🚀 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk, and you should carefully consider your financial situation before making any decisions. Past performance is not indicative of future results.
Long
by MetalsMine
CHFJPY-Bullish Reversal in Sight After Morning Star FormationThe CHF/JPY pair is currently displaying signs of a potential bullish reversal on the 4-hour timeframe, after breaking out of a consolidation phase. The pair has shown resilience at key support levels, with candlestick patterns and trend indicators suggesting a probable upside movement. Key Technical Observations: Three White Soldiers Pattern: The Three White Soldiers formation observed on the left side of the chart is a strong bullish reversal signal, often indicating the end of a downtrend and the start of a bullish phase. This pattern was followed by a significant upward rally, highlighting increased buying interest in CHF/JPY. Sideways Movement: After the initial bullish surge, the price entered a prolonged sideways consolidation phase, spanning around 62 bars (approximately 14 days and 9 hours), as highlighted in the chart. This period of indecision reflects a tug-of-war between buyers and sellers, with no clear directional bias. Support and Resistance Levels: The support level at 174.414 acted as a strong floor, preventing further declines. Another critical support zone was observed around 174.130, where the price recently bounced back, forming a bullish Morning Star candlestick pattern, further affirming the potential for an upward move. The current resistance zone to watch is 176.958, which acts as the primary target for the bulls. Morning Star Pattern: The Morning Star pattern that emerged near the 174.130 support level is a strong bullish signal, indicating the likelihood of a trend reversal from bearish to bullish. This pattern typically shows a shift in market sentiment, where buyers gain control after a period of selling pressure. Trend Analysis: The recent downtrend (marked by the red arrow) seems to have concluded as the pair finds support and forms a bullish candlestick reversal pattern. An upward movement is expected if CHF/JPY can hold above the 174.414 support zone and breach the minor resistance at 175.014. Trade Setup: Bullish Scenario: If the price continues to hold above the 174.414 support, there is a high probability of an uptrend resumption. A break above the 175.014 resistance could lead to a rally towards the primary target at 176.958. Conservative traders may wait for a confirmed breakout above 175.014 with a retest before entering long positions. Bearish Scenario: A failure to sustain above the 174.414 support could lead to further downside, with potential targets around the 172.642 support zone. Bears may consider entering short positions if the price breaks below 174.130 with high selling volume. Conclusion: The CHF/JPY 4-hour chart analysis suggests a potential bullish recovery, driven by strong candlestick patterns and solid support levels. However, traders should keep an eye on the key resistance at 175.014 and 176.958 for a confirmed bullish continuation. As always, employing proper risk management techniques is crucial to navigate potential market volatility. #ForexTrading #CHFJPY #TechnicalAnalysis #ForexSignals #PriceAction #CandlestickPatterns #ForexMarket #TradingView #ForexStrategy #BullishReversal #ForexCommunity #SupportAndResistance #4HChart #TradingTips #ForexAnalysis Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always perform your own research before making any trading decisions
Long
by forexorbit
CHFJPY "The Swissy" Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist CHFJPY "The Swissy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1H timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan.....
Long
by Thief_Trader
CHFJPY "swissy yen" Bank Bearish Robbery Plan on Short sideMy Dear Robbers / Traders, This is our master plan to Heist CHFJPY market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
CHF/JPY "SWISSIE" Bank Robbery Plan on Bullish DirectionDear Robbers / Money Makers & Losers, This is our master plan to Heist CHF/JPY "SWISSIE" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Long
by Thief_Trader
1
CHFJPY Bank Bullish Robbery Plan To Make MoneyMy Dear Robbers / Traders, This is our master plan to Heist CHFJPY bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Long
by Thief_Trader
CHFJPY I Long target to 170.36 after recent BOJ InterventionWelcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
CHFJPY I Demand buy zone opportunity from bottom of channelWelcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy