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GBP/CHF. Clear Sell After Break Out -- Good luck

๐Ÿ’ฒ Pair Name : GBP/CHF

Time Frame : 1 analysis / 4hr'

Scale Type : Large Scale

Analysis Way : Volume + Classic + High & low + Market Map

โž• Key Technical / Reason's Short

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๐Ÿ—’ Description

The price is now trading within the symmetrical triangle pattern and is also trading within a descending channel. The most accurate view is landing

It is expected to drop with the break of the 1.26950 area. This area has many reasons to enter through it

- The first reason

The breakout area of a strong pattern is a symmetrical triangle

- The second reason

Breaking a very high liquidity area on the Volume profile, which supports the further decline

- third reason

break value volume fixed

- The fourth reason

The price is walking within the framework of a descending channel with also breaking the 1.27500 area, as it is an exchange of roles that supports the decline with its break, and indeed the price broke it

- Fifth reason

Weekly minimum break with entering the illiquidity zone

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