chfjpy falling today or thursday.This movement yes or if it must be fulfilled, the distance to the average of 20 daily periods is unsustainable without a correction. But be careful because the trend is strongly bullish. We will do like the gbpjpy pair, we will place a pending order but if it is not executed before 20h London time, we will remove it.
Este movimiento si o si debe de cumplirse, la distancia a la media de 20 periodos diaria es insostenible sin una corrección. Pero tener cuidado porque la tendencia es fuertemente alcista. Haremos como el par gbpjpy, pondremos una orden pendiente pero si no se ejecuta antes de las 20h, hora de Londres, la quitaremos.
JPY (Japanese Yen)
CHF/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
CHF/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 152.352 area.
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CHF/JPY Technical Analysis! BUY!
My dear friends ,
This is my opinion on the CHF/JPY next move:
The asset is approaching an important pivot point 151.302
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 154.074
Safe Stop Loss - 149.414
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
CHF/JPY Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CHFJPY: Important Breakout🇨🇭🇯🇵
CHFJPY is trading in a long-term bullish trend.
Last week, the price managed to violate a key weekly resistance cluster 148.0 - 151.5.
The broken structure turned into a demand zone now.
The pair is currently retesting the broken structure.
I will expect the accumulation of buying volumes within that and a bullish continuation to 156.1.
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USDJPY I Intraday long from supportWelcome back! Let me know your thoughts in the comments!
** USDJPY 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.
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CHF/JPY Full Analysis Short And Long Setups In This Video This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
UPDATE 2 🔥 REVENGE TRADE: CHFJPY 🔥 REVENGE LONG TERM SHORT 🔥Analysis shows that the downtrend's anchor has been broken.
To begin, it is essential to recognize that the downtrend anchor is an important indicator of market trends. Its success reveals a bearish mood in the market and suggests that the current downtrend may continue. Regardless of the confirmation, investors should proceed with caution and carefully assess their investment plan.
Second, this is one of the most volatile Exotic Pairs in the forex market. Over the next few days and weeks, I'll be keeping a close eye on price action to confirm the market's trajectory and assist you in making educated guesses. This is a HIGHLY VOLATILE PAIR, and it is highly recommended that you manage your holdings to ensure that your investment choices are aligned with your own financial goals and risk tolerance. I typically invest 2% to 3% of my total income, with a risk-to-reward ratio of 1:1.
CHFJPY: Pullback for a month, then buy opportunityCHFJPY is an almost overbought 1D technicals (RSI = 69.922, MACD = 1.670, ADX = 65.369), rising non-stop since March 20th inside this 1 year Channel Up. The pattern is much like the June 29th 2022 top that after almost hitting Fibonacci 2.0, it pulled back to the 1D MA50 and resumed the rise to Fibonacci 2.618. Consequently, we are selling this pullback and once the 1D MA50 is hit, we reverse to buying (TP = 160.000).
Prior idea:
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Chf/Jpy (Update)The buy I posted followed the trend and ended up a perfect trade idea...
The sell idea was a bad idea and I wanted to try to sell a pullback because it was just so high!
Gbp/Jpy was the same!!! I really thought it would reverse!!!
Im sorry if you lost on these trades!!!
From now on , I will never post a reversal trade idea ever again and im not selling gbp/jpy or chf/jpy!!!
Even if they start to fall... We need to follow the indicators so we can put the odds in our favor!
Every trend following idea I posted worked yesterday!!! Every counter trend trade idea I posted did not work yesterday!!!
So there you go!!!
CHFJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CHF/JPY Possible Itinerary CHF/JPY is looking bullish all the way,
If the previous 4H resistance is retested, market may continue UP to the monthly very old high 158.554 that took place in 1980.
Another scenario to the downside if we witnessed a real breakout of the previous 4H resistance.
Happy Trading.
Chf/Jpy needs a correction before becoming a sellOn The 15 Min Time Frame price is still in a uptrend.
I would like to see a corrective move up on the 15 min time frame before pushing the sell button.
So Chf/Jpy reached a area of resistance on Friday! It fell from that area of resistance.
I believe it it will gap down at the market open , and immediately move back up most of the trading session to create a double top on the 15 min time frame.
After this double top, I believe it will fall down sometime on May 1st.....
This is my analysis only. From past knowledge and past experience , markets will usually make the correction before the big fall.
So the plan would be to wait for the double top reversal pattern on the 15 minute time frame, and then look for the sell and wait for confirmation.
So.... the plan is to wait!!!!
CHFJPY is about to take off!Currency Pair : CHFJPY
Possible direction : Bullish
Technical Analysis : With the weakness in jpy, CHFJPY has merged with long term uptrend after
grabbing liquidity from the daily and weekly support. Price is currently all time high and any time after little pullback we could see chfjpy may take off again to create new all time high level.
Possible trade recommendation : Bullish as per sketch
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