CHF_JPY Analysis

Last: 172.55800 | Change: 0.11000 | Date: 2025-04-24

Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust > Alternative Thrust > Initial Thrust: Alternative Thrust 80.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 51.13 (Neutral)
Volume: Rising (Normal)
Volatility: 0.1703 (Normal)
Price Action: Normal
Price Structure: Sideways
Momentum: 0.1140 (Strong)
ATR: 0.2938
NATR: 0.1703
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust

Confidence: 80.0%

Stage: Alternative Thrust

Detail: Initial Thrust: Alternative Thrust

Description: This branch captures bullish short-term moves with high RSI and lower volume ratio, even when long-term trend is weak.

Daily Timeframe

Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking

Confidence: 60.0%

Stage: Profit Taking

Description: A minor pullback due to profit taking.

Alignment with Current Phase: Aligned (+8 pts)

Current Category: Continuation

Daily Category: Continuation

H4 Timeframe

Phase: Momentum > Transition Phases > Momentum To Mean Reversion > Support Test Failure

Confidence: 100.0%

Stage: Support Test Failure

Alignment with Current Phase: Significant Conflict (-50 pts)

Current Category: Continuation

H4 Category: Reversal

Market Metrics

Trend: Down (Weak)

RSI: 51.1 (Neutral)

Volume: Rising (Normal)

Volatility: 0.1703 (High)

Support & Resistance

Current Price: 172.5580

Resistance Levels

172.9300 Strong (0.22% away)
173.3700 Strong (0.47% away)

Support Levels

172.1860 Strong (0.22% away)

Trade Setups