TradingView
AliHassanzadeh
May 16, 2021 6:05 PM

A short Scenario is about to manifest itself 

CHF/JPYOANDA

Description

Price is getting close to the line connecting the highs So first Hindrance in price way up is there.
If we draw a Fibonacci extension. The level 1.618 is spotted very close to same Line connecting the Highs.
Last but not least we have a possible bearish divergence case which with candle confirmation can lead to bearish move.

Comment

Still Trying The Resistance
More