📈 CHFJPY BUY TRADE PLAN
📅 Date: May 07, 2025
📋 Trade Plan Overview
Type: Intra-Day
Direction: Buy (Counter-trend to short-term drop)
Confidence: ⭐⭐⭐ (76%)
Trade Classification: Pullback + Internal BOS + H1/OB reaction
🔍 Bias Breakdown
Daily: Bullish structure intact, higher lows holding, testing demand.
H4: Market tapped into prior OB demand, forming bullish reaction candles.
H1: Clear bullish BOS after strong selloff, divergence building.
🛠️ Execution Plan
📍 Entry Zone
🟩 Buy Zone: 173.150 – 173.350
→ H4 OB zone, liquidity pocket, mid-volume cluster
❗ Stop Loss
📉 SL: 172.720
→ Below OB + structure sweep, ~45 pips risk
🎯 Take Profit Levels
🥇 TP1: 174.200 → (1.3:1 RR, near internal high)
🥈 TP2: 175.100 → (2.2:1 RR, imbalance fill)
🥉 TP3: 175.850 → (3.3:1 RR, full swing retrace)
🧠 Risk & Management Strategy
Risk: 0.50% of equity
TP1: Secure 50% + SL to BE
TP2: Secure 30%
TP3: Trail remaining
Max Portfolio Exposure: 2%
Exit Plan:
Invalidate if 1H closes below 172.700
Avoid CHF/JPY macro releases in execution window
✅ Confirmation Triggers
H1 BOS + engulfing
Bullish divergence on M15/M30
Volume spike + RSI > 50 post tap
Ideal Entry: Frankfurt–London overlap
📆 Plan Validity
Valid Until: May 08, 2025 (Tokyo close)
If price trades below OB and closes bearish → Plan void
⚠️ Invalidation
1H close below 172.700
Break of higher time frame bullish structure
Unexpected JPY macro or bond volatility spike
📊 Sentiment & Context
CHF Strength: Neutral
JPY: Momentarily overbought
COT: CHF balanced, JPY heavy long
Cross-Market: DXY steady, VIX under 17 → risk-on
🔎 STATUS
🟡 Awaiting Confirmation
→ Price has tapped zone, but H1 engulfing & volume conditions not fully triggered yet.
→ Do not enter until candle and volume structure confirm during EU session.
🧾 Final Trade Summary
CHFJPY has reacted cleanly to a higher time frame OB and swept local liquidity before showing internal bullish signs on H1. All three time frames are contextually aligned for a tactical long entry with a clear invalidation zone and tight RR. Confirmation pending; high-precision entry required during high-volume hours.
→ Monitor price action closely at 173.150–173.350 zone for a trigger.
📅 Date: May 07, 2025
📋 Trade Plan Overview
Type: Intra-Day
Direction: Buy (Counter-trend to short-term drop)
Confidence: ⭐⭐⭐ (76%)
Trade Classification: Pullback + Internal BOS + H1/OB reaction
🔍 Bias Breakdown
Daily: Bullish structure intact, higher lows holding, testing demand.
H4: Market tapped into prior OB demand, forming bullish reaction candles.
H1: Clear bullish BOS after strong selloff, divergence building.
🛠️ Execution Plan
📍 Entry Zone
🟩 Buy Zone: 173.150 – 173.350
→ H4 OB zone, liquidity pocket, mid-volume cluster
❗ Stop Loss
📉 SL: 172.720
→ Below OB + structure sweep, ~45 pips risk
🎯 Take Profit Levels
🥇 TP1: 174.200 → (1.3:1 RR, near internal high)
🥈 TP2: 175.100 → (2.2:1 RR, imbalance fill)
🥉 TP3: 175.850 → (3.3:1 RR, full swing retrace)
🧠 Risk & Management Strategy
Risk: 0.50% of equity
TP1: Secure 50% + SL to BE
TP2: Secure 30%
TP3: Trail remaining
Max Portfolio Exposure: 2%
Exit Plan:
Invalidate if 1H closes below 172.700
Avoid CHF/JPY macro releases in execution window
✅ Confirmation Triggers
H1 BOS + engulfing
Bullish divergence on M15/M30
Volume spike + RSI > 50 post tap
Ideal Entry: Frankfurt–London overlap
📆 Plan Validity
Valid Until: May 08, 2025 (Tokyo close)
If price trades below OB and closes bearish → Plan void
⚠️ Invalidation
1H close below 172.700
Break of higher time frame bullish structure
Unexpected JPY macro or bond volatility spike
📊 Sentiment & Context
CHF Strength: Neutral
JPY: Momentarily overbought
COT: CHF balanced, JPY heavy long
Cross-Market: DXY steady, VIX under 17 → risk-on
🔎 STATUS
🟡 Awaiting Confirmation
→ Price has tapped zone, but H1 engulfing & volume conditions not fully triggered yet.
→ Do not enter until candle and volume structure confirm during EU session.
🧾 Final Trade Summary
CHFJPY has reacted cleanly to a higher time frame OB and swept local liquidity before showing internal bullish signs on H1. All three time frames are contextually aligned for a tactical long entry with a clear invalidation zone and tight RR. Confirmation pending; high-precision entry required during high-volume hours.
→ Monitor price action closely at 173.150–173.350 zone for a trigger.
Trade closed: target reached
TP HIT!
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.
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.