Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

CHFJPY sell trading strategy explained #trading #tradinganalysis #forexeducation #fyp

17 Mar 2025 · 1 min

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1:07

Vladimir Ribakov breaks down a CHF/JPY short trade that dropped 500 points. The weekly chart showed bearish MACD divergence, while the 4-hour chart revealed a broken trend line with three lower highs and lows, plus bullish MACD divergence that signaled a retracement to Fibonacci levels before the downside move.

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Swiss yen buy trade fully explained. Let's recap the trade and why did we buy this one. A trade that was shared with you on this very channel on January 16th. On a weekly chart, we spotted a bearish divergence on the moving average of the MACD. 4-hour chart broke below the most recent trend line and made 3 lower highs, lower lows, but it also ended up with a bullish divergence— lower lows on the chart, higher lows on the MACD. Meaning we expect retraces towards the Fibonacci levels, then sell continuation with the weekly chart. And here we are, retraces towards the Fibonacci levels which hold, and a crash since then of 500 points to the downside. Join our trading family, the Home Trader Club. Get your access to our courses, real-time education, and real trading opportunities.
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