CHFJPY SELL TRADE PLANSwiss Franc vs Japanese YenICMARKETS:CHFJPYjibkhan111🔥 CHFJPY TRADE PLAN 🔥 📅 Date: 22 July 2025 📋 Trade Plan Overview TypeDirectionConfidenceR:RStatus SwingSell⭐⭐⭐⭐ (82%)4.0:1Awaiting Confirmation Guidance: Focus on Scenario A Primary Plan – high confluence bearish rejection zone after extended bullish run. Scenario B remains tactical, lower probability unless impulsive breakdown. Total risk: 1.2% (standard swing). Primary Trade Plan: Swing Sell 📈 Market Bias & Trade Type Bias: Bearish Trade Type: Reversal - Post-Parabolic Exhaustion 🔰 Confidence Level ⭐⭐⭐⭐ (82%) Reason: D1 parabolic exhaustion + rejection wicks. H4 strong bearish engulfing. H1 impulsive breakdown from 185.40 zone. Volume spike on H1 selling. Fib 61.8% rejection. Sentiment stretched overbought JPY weakness. Breakdown: Price Structure: 30% Candlestick Patterns: 20% Volume / Fib / RSI: 22% Macro / Sentiment: 10% 📌 Status Awaiting Confirmation 📍 Entry Zones 🟥 Primary Sell Zone: 184.45 – 184.75 (H4 bearish order block + imbalance + prior rejection) 👉 Status: Waiting for rejection wick / bearish engulfing / LTF breakdown. 🟧 Secondary Sell Zone: 185.20 – 185.45 (H4 final supply zone; riskier short). ❗ Stop Loss 185.65 (above secondary zone wick + structure + 1.2x ATR). 🎯 Take Profit Targets 🥇 TP1: 183.10 (H1 imbalance fill; 125 pips; ~2.0:1 R:R) 🥈 TP2: 182.20 (liquidity pool, structure target; 210 pips; ~3.5:1 R:R) 🥉 TP3: 180.90 (deeper swing pullback; H4 demand zone; ~4.8:1 R:R) – Optional trail. 📏 Risk:Reward TP1: 2.0:1 TP2: 3.5:1 TP3: 4.8:1 🧠 Management Strategy Risk 1.2% of $ ($, lots). Move SL to breakeven after TP1 hit. Close 60% at TP1, 30% at TP2, leave 10% runner for TP3 (trail SL). If impulsive bullish reclaim above 185.00, exit manually. Portfolio Risk capped at 3% max open trades. ⚠️ Confirmation Checklist H1 bearish engulfing OR rejection wick in primary zone. H1/H4 volume spike during London or NY session. RSI divergence (optional). No major JPY risk events upcoming. ⏳ Validity H4 Swing: Valid for 2–4 days (expires 26 July 2025). ❌ Invalidation 4H candle close above 185.65 Bullish BOS on H1 beyond secondary zone. 🌐 Fundamental & Sentiment Snapshot COT: CHF neutral / JPY oversold. DXY: Rangebound. Retail: 77% buyers CHFJPY (contrarian bearish bias). Cross-Pair: EURJPY and AUDJPY showing topping signs. Cross-Market: Risk sentiment fragile (SP500 fading). Macro: No major CHF/JPY news. Sentiment Score: +7/10 bearish CHFJPY. 📋 Final Trade Summary Sell CHFJPY targeting reversal after extended bullish run. Focus is on rejection from 184.45–184.75 with strict SL above 185.65. Patience mandatory for confirmation candlesticks. Aggressive scaling only if H1 breaks down from current price.