CHFZAR

in the case of reaching to the resistance point(yellow circle) you can enter the short position.
WHY???
1.there is a resistance of pivot point
2.61.8 fibo EX(GOLDEN RATIO)
3.61.8 fibo RET(GOLDEN RATIO)
4.bearish hidden divergence
5.finishing of bullish E wave and starting of bearish 5th wave
6.static RESISTANCE
7.Dynamic Resistance
8.GAN resistance
9.in the case of breaking the trend line and witnessing the lack of bearish power you can enter

Trade closed: target reached