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
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