Pair Name : CHF/JPY
Time Frame : 1 analysis / 4hr'
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Key Technical / Reason's Long
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Description
The price now broke a very important level at 121.700, this level contains several reasons for selling
The first reason is a sub-trend area that was broken at the current price, and also the tops are lower than the tops
The second reason is that the price rebounded from a downtrend on the weekly time frame, and this supports the bearish theory
The third reason is that the price also bounced back from the major counter trend, and this supports the further decline
The fourth reason: the price broke a high liquidity area on the volume profile, which supports more selling liquidity
The fifth reason. The price broke the weekly low and the daily low, and a strong price action model was made on the daily and weekly time frame
Time Frame : 1 analysis / 4hr'
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Key Technical / Reason's Long
———————————
Description
The price now broke a very important level at 121.700, this level contains several reasons for selling
The first reason is a sub-trend area that was broken at the current price, and also the tops are lower than the tops
The second reason is that the price rebounded from a downtrend on the weekly time frame, and this supports the bearish theory
The third reason is that the price also bounced back from the major counter trend, and this supports the further decline
The fourth reason: the price broke a high liquidity area on the volume profile, which supports more selling liquidity
The fifth reason. The price broke the weekly low and the daily low, and a strong price action model was made on the daily and weekly time frame
Comment:
➕Bearish Wave now started - sell available
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➡️ VIP info's : t.me/GoldenEngine1/11647
➡️ 2021+ 2022 + 2023 Result's
t.me/GoldenEngine1/15629
Contact me : t.me/GoldenEngine1