🔍 **CHF/JPY – Premium Exhaustion Sell Setup**
On the daily timeframe, CHF/JPY reached a major Premium zone and swept the previous Weak High at 178.400. RSI is at its highest overbought level in months, indicating strong exhaustion.
Price has also formed internal CHoCH on lower timeframes (M15–H1), and we expect a correction towards the next key demand and imbalance zones.
🧠 Clean Smart Money setup based on exhaustion, premium rejection and BOS confirmation. No high-impact news expected for CHF or JPY this week – ideal for a technical swing setup.
Wait for mitigation or entry confirmation.
On the daily timeframe, CHF/JPY reached a major Premium zone and swept the previous Weak High at 178.400. RSI is at its highest overbought level in months, indicating strong exhaustion.
Price has also formed internal CHoCH on lower timeframes (M15–H1), and we expect a correction towards the next key demand and imbalance zones.
🧠 Clean Smart Money setup based on exhaustion, premium rejection and BOS confirmation. No high-impact news expected for CHF or JPY this week – ideal for a technical swing setup.
Wait for mitigation or entry confirmation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.