CHFJPY trade ideas
CHF/JPY MISSED MOVEWe started watching this market on Wednesday for a pullback and trigger, it happened but it was late at night....yawn....i was sleeping. No chance to get in this market even with a limit order...sometimes the market just takes off like that, this is why i use the volume and momentum indicators...if both of them line up along with a price structure pattern, it can produce a strong move
SYMMETRY
Hello awesome traders! 👋
Hope you’ve managed to grab some solid pips from the markets this week. As we head into the weekend, I’m wrapping things up by dropping a few clean chart setups for you to review and reflect on.
Enjoy the weekend, recharge well — and I’ll see you sharp and ready next week for more structure-led opportunities.
📌 Pattern Breakdown
This setup delivered exactly what we watch for:
🔹 Classic ABC structure with clean symmetry
🔹 CD leg completed directly into the Potential Completion Zone (PCZ)
• 127.2% BC = 184.379
• 161.8% BC = 183.928
🔹 Price tagged 184.329 and showed a strong, clean bullish rejection right from the zone
It’s a confirmation of intent — but the job’s not done just yet.
🎯 Next Levels in Focus
🚫 Target 1 has not yet been hit, but structure is holding well.
🎯 Target 1 Range: 185.73 – 186.04
🎯 Target 2 (extension): 186.50 – 187.10
As we head into close, this becomes a management decision:
🔸 Let partials run if you’re in
🔸 Stay flat if you missed entry — wait for next week’s confirmation or pullback opportunity
🧠 Key Concepts in Play
✅ Symmetry-based ABC pattern
✅ PCZ precision and confirmed bullish rejection
✅ Momentum building, but still below TP1
✅ Structure-based trade with defined targets and invalidation
🗝 Final Thoughts
This is a textbook end-of-week setup: clean structure, clear reaction, and patience now required.
Don’t force the next move — we’ve got rejection confirmation, now we let price follow through.
Target 1 is well-defined — and price is on its way. We'll reassess early next week for continuation toward the higher fib extensions.
“Rejection starts the move — but discipline finishes the trade.”
CHF/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 184.005 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CHFJPY Short Swing TradeOANDA:CHFJPY Short Trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
This is good trade, don't overload your risk like greedy, be disciplined trader.
I manage trade on daily basis.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
CHFJPY: Your Trading Plan For Today⚠️CHFJPY is currently testing a recently breached key daily/intraday resistance level, which is likely to have become support.
We will look for a confirmation to buy when there is a bullish breakout above the neckline of an ascending triangle pattern on the 1-hour chart.
A close above 185.20 will validate this breakout, and we anticipate a bullish continuation towards at least 185.83.
CHFJPY: It's getting the value of a toilet paperCHFJPY: It's getting the value of a toilet paper
The all-time high for CHFJPY was reached on July 10, 2024 and has been moving lower ever since.
However, over the past month for no apparent reason, CHFJPY broke above the top of this area, reaching a new all-time high for the time being at 186, pushing the price up by almost +600 pips above the previous high.
The only reason is that the SNB continues to manipulate the Forex market by keeping the CHF stronger for no reason. The big trade has to fall and it will fall one day, but it definitely won’t fall unless the SNB stops this crazy manipulation.
All eyes are on the SNB to change its monetary policy approach and also on the BOJ to stop manipulating the yen’s weakness because they want to increase their exports. So both banks are playing a dirty game and it is unclear when the downtrend might start, but even the bullish move is highly overvalued. It is very dangerous both ways.
However, the big trade must fall as it is becoming like toilet paper.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CHF/JPY Reversal brewing?Is the high-flying CHF/JPY cross about to hit an air pocket? Having printed a bearish engulfing candle on Wednesday, and with bearish divergence between RSI (14) and price while still in overbought territory, the risk of a pullback appears to be growing. MACD is also curling over towards the signal line, hinting that bullish momentum is waning.
Should the price break and hold beneath 184.50, shorts could be established with a tight stop above the level for protection. 183.39 screens as an initial target, coinciding with the low struck on July 11. If it gives way, it could open the door to a deeper unwind towards 181.85, a level that acted as both support and resistance in recent months.
If the price resumes its uptrend and takes out the current record high above 186.00, it would invalidate the near-term bearish bias.
Good luck!
DS
7.16 CHF/JPY SETUPPossible pullback setup developing. Price action is moving into the S/R zone after a new high. Momentum is very low and like a spring is getting wound up to go up...Momentum shows the pulse of the market. We need a great engulfing candle and a strong volume candle. This trade would not have a great S/R zone but it is good with 2 touches. We will keep watching this one.
CHF/JPY: Poised for a Short-Term CorrectionThe CHF/JPY pair has experienced an impressive and sustained bullish run, gaining approximately 1000 pips in under two months. Such rapid and significant upward movements often lead to a healthy market correction as buyers exhaust their momentum and profit-taking ensues.
Based on this strong bullish run, and likely factoring in overbought conditions that often follow such moves, the pair appears ready for a short-term correction. The level of 180.000 stands out as a critical psychological and technical target for this potential pullback.
Considering the exhaustion of the recent rally, a short-term sell trade targeting 180.000 appears to be a viable strategy. My sell trade is currently on 10 pips gain and its not too late to join the rally.
Stay safe!
CHFJPY – Possible Trend Reversal (Sell Setup)Reasons for Potential Reversal:
1-Bearish Divergence:
Clear bearish divergence is forming between price and RSI
2-Market Sentiment:
Approximately 94% of traders are currently holding sell positions
3-Break of Last HL:
Wait for a clear break of the most recent Higher Low (HL). This will confirm a shift from bullish to bearish and provide a safer sell entry point.
Bullish CHF/JPY Heist! Risk vs. Reward Setup💰 SWISS-YEN BANK HEIST! 🚨 CHF/JPY Bullish Raid Plan (Risk & Reward Setup)
🌟 Attention Market Pirates & Profit Raiders! 🌟
"The vault is unlocked—time to loot!"
🔎 THIEF TRADING ANALYSIS (CHF/JPY)
Entry (📈): "The Bullish Loot is LIVE!"
Buy limit orders within 15-30min pullbacks (recent swing lows/highs).
Aggressive? Enter anywhere—heist mode activated!
Stop Loss (🛑): Recent swing low (wick) – adjust based on your risk & lot size!
🎯 Target: 186.300 (High-risk Red Zone – Police Resistance!)
Overbought? Reversal risk? Bears lurking? Yes. But thieves play smart!
🏴☠️ SCALPERS & SWING RAIDERS:
Scalp ONLY Long (Use trailing SL to lock profits).
Low on ammo? Join swing traders for the big heist!
📡 FUNDAMENTAL BACKUP (Why This Heist?)
Bullish momentum in play (check COT, Macro, Sentiment).
News Alert (⚠️): Avoid new trades during high-impact news—trail your SL!
💥 BOOST THE HEIST!
Hit 👍 LIKE & 🔄 SHARE to strengthen our robbery squad!
More heists coming—stay tuned! 🚀
⚠️ DISCLAIMER:
Not financial advice. Risk = Reward. Adjust SL/targets based on your strategy. Market conditions change—adapt or get caught!