CHFJPY - ShortCurrently trading side ways so ideally it should continue to go down.
- Short target would be 122.4
- Stop loss 123.75
Chfjpyshort
CHFJPY will go down.FX:CHFJPY
CHFJPY will go down. Price is in a Parallel Channel.
Rejected from resistance zone.
It will go to support zone anytime soon.
Book your Tickets for the Ride,
chfjpyIn the areas marked with arrows, the trend is specified and you can enter the purchase or sale order
CHFJPY Short1. In strong resistance zone,
2. Price started rejected on 4 hour and 1 hour chart.
3. On daily chart it's downtrend and for someday, CHFJPY is in range trade. Sold at the very top of the range.
CHFJPY Multi-timeframe Analysis & Trade IdeaHello everyone, if you like the idea, do not forget to support with a like and follow.
We can see on the COT - Commitment of Traders, which is what Hedge funds and the non commercials so the biggest in the market are doing. Where we can see that CHF's net positions have been decreasing, where we went from having positive 9,678 net positions to down to minus -17,584 we can see that in CHF is weak, but JPY is weaker from minus -55,190 to minus -102,734, where there has been a lot of shorts being added, we can see that JPY is weaker, hence we are looking for a SELL to BUY trade.
We also have a W formation on the Monthly & Weekly where we have 2 sets of trades as seen below. We are looking into a neckline retracement before the move to the upside.
Sell is from the M pattern entry on the daily and the correction Buy on the Monthly & Weekly.
All entries are on the break and retest of the structure.
Trade Signals
SELL 1
Entry: 124.338
Take Profit: 119.850
Stop Loss: 124.808
SELL 2
Entry: 124.338
Take Profit: 121.194
Stop Loss: 124.808
BUY 1 (Weekly W Pattern - Neckline reversal)
Entry: 119.861
Take Profit: 127.331
Stop Loss: 118.564
BUY 2 (Monthly W Pattern - Neckline reversal)
Entry: 121.193
Take Profit: 127.087
Stop Loss: 119.458
Good luck!
All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
CHFJPY, 4hr tf, three black crows setup
It was very clear price holding below the 123.50 resistance for quite some time.
Notice that three black crows candles appeared and right now retracing for 61.8 fibonacci retracement.
This could be a good area for entering sell.
Sell CHFJPY 123.20
Stop loss 123.70
Take profit 121.00 (4.4R)
Use only 1-2% risk
Good luck
CHFJPY SHORTS 📉📉📉Expecting short opportunities if price reaches 123.400 bearish orderblock h4 + imbalance fill, targeting sell side liquidity areas. This will happen only if we will have entry confirmations
CHFJPY: Possible Bearish reversalOANDA:CHFJPY
Possible Bearish Reversal from 1W resistance area. Head & Shoulder pattern is formed on 4H timescale.
Price is testing neckline resistance. If resistance is sustained and price may come below 122.56, it may continue bearish trend.
Potential target can be around 0.5 Fib extension level and may further take 1D support from 120.56.
Thanks and Good Luck for trade
CAD/JPY 1HR CHART SELL SET UP POSS HEAD AND SHOULDERS ?Hi everyone this is my trade set up for the CHF/JPY 1hr chart
CHF/JPY looks like it is creating head and shoulders on 1hr chart so i am expecting a pullback to the order block zone and will be looking for a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
CHFJPY Short Analysis Hey traders, here is the analysis for the CHFJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Chfjpy Sells 123.350hfjpy: currently waiting for price to come up to my "line" at the 123.350 region below my blue labelled region before looking for sell opportunities here. Again, this does not mean to sell right away when price reaches here 🚶🏻♂️
CHF/JPY 4HR CHART SET UPHi everyone this is my trade set up for the CHF/JPY for the new week ahead
CHF/JPY i think will push lower as were in a big downtrend still making lower highs and lower lows, so i am expecting a pullback to the order block zones and will be looking for a sell trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
CHFJPY Potential Sell?Price has hit a D extension to the downside.
Anticipating a retracement to the 4 hour level of past support, for continuation to the downside.
chfjpy : shortEverything is clear in the picture.In my opinion, the price itself reaches the decision candle and returns
dyor
CHFJPYENTRY VALIED IF PRICE RETEST, BROKEN SUPPORT AS A NEW RESISTANCE. chart analysis on 4 hour chart. current wave possible retest we can see on 1 hour chart.
'Head and Shoulder' Spotted @ CHFJPYCHFJPY (6H) is clearly set to drop in price. Since HaS have been completely formed, i am keen on seeing a BOS and retest of OB before i jump into the wave. This is pretty exciting for me.
Comment, like and please follow me to show appreciation
CHFJPY SHORT IDEAHey guys, after a long bullish move, this pair has formed a head and shoulder pattern which might be a reversal pattern. I expect this pair to fall once the neckline gets broken
CHFJPY on dailyOANDA:CHFJPY
Hey guys
So about CHFJPY we see that in long term it's moving in an ascending channel
- now we are in the top of channel and as we expected price touched there and started falling
+ there's a bearish head and shoulders pattern in 4h which makes price to keep falling more .
the support zones in front of us are :
122.550
121.200
120.620
what's your opinion guys ?? mention it in comments !
CHFJPY retracement detected ! Base on our analysis. we found out that ChfJpy may retrace to 120.300 support zone or even to 119.400.
as the chart above, we can see that a bull run of CHFJPY hit the resistant level at 124.600 and started to retrace back. We do believe that ChfJpy will retrace according to our prediction. a sell limit position can be set at 124.500 or we can set a immediate sell position at the current price.
Stop loss price can be set at 125.600.
Trading on forex market can make a huge profit or loss, we must make sure our open position lot size not exceed our equity sustainable limit.
CHFJPY | HIT SHORTCHFJPY | HIT SHORT
CHFJPY after making a swing high, turns into distribution,
It made a famous Head & Shoulder Pattern
One can attempt to short here
Sell: 123.381
SL: 124.500
TP: 121.250
Tell us what do you think about the pair in comment section
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Hope u took the short, CHFJPYThe swiss yen broke down farther after breaking the channel and testing the bottom of the channel, we expect to see more downside this week. But the white line(200ma) serves as a strong support. If you're in a short take some profits at around there and re-enter again at a better price.
BEAR CASE
Price to go farther down to ~122.9, there we can see some support. Our ultimate target is ~122
BULL CASE
We expect price to test at least 122.9 but the support can be stronger than expected, do not be surprised if we bounce to 125 from there before another big leg down.
CHFJPY Base on 1 hour chart, i am looking 15minute time frame order block. Overall trend controlling by sellers. So im consider only bearish order blocks.
