𝘊𝘏𝘍𝘑𝘗𝘠 - 4𝘩𝘳𝘴 1𝘩𝘳𝘴 1𝘔 ( 𝘚𝘦𝘭𝘭 𝘛𝘳𝘢𝘥𝘦 2% )
🎗 CHF/JPY Setup
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
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🗒 Going over my work means something to me We are all here to learn
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🧾 : WHY IS CHFJPY GOING DOWN?
If Japanese economic conditions improve or there is an increased demand for Japanese assets, this could lead to a stronger Japanese. A strong yen can lead to a decline in the CHFJPY price, as one Swiss franc will buy fewer yen. If the Swiss economy experiences turmoil, political uncertainty or economic weakness, this could result in a weakening of the CHF. This may adversely affect the CHFJPY exchange rate.
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➖Bearish Break
165.400 Area
Reasons
Major Turn level / M
AT High Aera
Q High Area
Visible Range Hvn
Fixed Range
➕Bullish Reversal
162.230 Area
Reasons
Visible range Lvn
inner Trend
Q Low Area
PVP
——————————
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
------
🗒 Going over my work means something to me We are all here to learn
------
🧾 : WHY IS CHFJPY GOING DOWN?
If Japanese economic conditions improve or there is an increased demand for Japanese assets, this could lead to a stronger Japanese. A strong yen can lead to a decline in the CHFJPY price, as one Swiss franc will buy fewer yen. If the Swiss economy experiences turmoil, political uncertainty or economic weakness, this could result in a weakening of the CHF. This may adversely affect the CHFJPY exchange rate.
——————————
➖Bearish Break
165.400 Area
Reasons
Major Turn level / M
AT High Aera
Q High Area
Visible Range Hvn
Fixed Range
➕Bullish Reversal
162.230 Area
Reasons
Visible range Lvn
inner Trend
Q Low Area
PVP
——————————
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