CHFJPY– H4 Technical Analysis

FORECAST: SELL

Price has tapped H4 liquidity pool at 136.172 zone after a long bullish run. It’s an area of interest as we anticipate a sell once sentiment changes.

Another area of interest is the monthly liquidity pool at 138.875.

The pair will do one of two things:

SCENARIO 1: (Line Arrow)

Pair will sell if sentiment changes from current strong bullish trend.

SCENARIO 2: (Dotted Arrow)

The monthly liquidity pool will have to be cleared before price drops

Sentimental Analysis: Current

78% - Selling
22% - Buying

TRADE CALL: Waiting for BUY signal