GBP/JPY sell Setup and Opportunity available

💲 Pair Name : GBP/JPY

Time Frame : 1 analysis / 4hr'

Scale Type : Large Scale

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

➕ Key Technical / Reason's Short

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🗒 Description

The price now has broken a very important area, which is the control area 155.000

Available to sell now with the opening of the market

A drop of 350 points is expected in the medium term

And we have several reasons to sell

➕The first reason

A strong monthly role exchange area was broken by a week's candle

➕The second reason

A large wedge price pattern has been broken in the medium term

➕third reason

The illiquid zone has been broken on the clear volume profile

➕Fourth reason

The value region is broken on the fixed profile in the same fraction region 155.00

➕The fifth reason

is the fastest rebound from a very important place and a high liquidity area on the weekly and monthly time frame, which supports strong selling liquidity

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