CHFJPY DAILY TECHNICAL ANALYSIS 🕵🏽♂️
🧠 Strategy Spotlight: CHFJPY's Uptrend Has One Last Launchpad
OVERALL TREND
📈 UPTREND — Bullish structure with consistent higher highs and higher lows forming since March 2025.
📉RESISTANCE
📊ENTRIES & TARGETS
📈SUPPORT
🤓STRUCTURAL NOTES
TRADE OUTLOOK 🔎
🧪STRATEGY RECOMMENDATION
CONSERVATIVE APPROACH (Trend-Following):
— Buy Entry: 170.17
— TP Levels: 172.68 / 174.42 / 177.11
— SL: Below 167.06
HIGH-RISK REVERSAL SCALP:
— Sell Order @ 175.52 or 177.11
— TP: 172.68 / 170.17
— SL: Above 177.86
“Discipline | Consistency | PAY-tience”
🧠 Strategy Spotlight: CHFJPY's Uptrend Has One Last Launchpad
OVERALL TREND
📈 UPTREND — Bullish structure with consistent higher highs and higher lows forming since March 2025.
📉RESISTANCE
- 🔴 180.070 — SELL STOPLOSS | PIVOT HIGH
- 🔴 179.705 — RESISTANCE (MAJOR)
- 🔴 179.339 → 177.862 — SELL ORDER RANGE
- 🔴 177.014 — RESISTANCE (PROXIMAL)
- 🔴 175.526 — RESISTANCE (MINOR)
📊ENTRIES & TARGETS
- 🎯 177.115 — BUY ORDER & TP4
- 🎯 174.428 — BUY ORDER & TP3
- 🎯 172.684 — BUY ORDER & TP2
- 🎯 170.173 — BUY ORDER & TP1
📈SUPPORT
- 🟡 167.606 — SUPPORT (PROXIMAL)
- 🟡 167.505 → 166.0375 — BUY ORDER RANGE
- 🟡 165.858 — SUPPORT (MAJOR)
- 🟡 165.299 — BUY STOPLOSS | PIVOT LOW
🤓STRUCTURAL NOTES
- Recent candle wicked above 175.52600 (minor resistance) but failed to close strong — indicating hesitation or seller defense
- High confluence at the 177.11–177.86 zone with both pivot highs and active sell orders
- Uptrend structure still intact unless price breaks below 170.17392 with volume and closes under 167.06957
- Volume and momentum required to reclaim 177.86 and push toward major resistance at 180.07
TRADE OUTLOOK 🔎
- 📈 Active Long Bias above 170.17 (TP1) with bullish targets toward TP4 @ 177.11
- 📉 Bearish setup only activates if price fails to reclaim 175.52 and decisively breaks below 170.17
- 👀 Watch for reaction at 175.52 (Minor Resistance) — potential rejection could trigger short-term pullback to TP2 @ 172.68
🧪STRATEGY RECOMMENDATION
CONSERVATIVE APPROACH (Trend-Following):
— Buy Entry: 170.17
— TP Levels: 172.68 / 174.42 / 177.11
— SL: Below 167.06
HIGH-RISK REVERSAL SCALP:
— Sell Order @ 175.52 or 177.11
— TP: 172.68 / 170.17
— SL: Above 177.86
“Discipline | Consistency | PAY-tience”
Professor C. E. Ward
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Professor C. E. Ward
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.