TradingView
manuseijas82
May 29, 2019 4:09 PM

RETESTING AREA OF SENSITIVITY TO GO SHORT Short

British Pound/New Zealand DollarFXCM

Description

- Price has been supported for a trendline since last December
-Broke out to the down side
- Now retesting
- Pin bar in the H4 rejecting area of resistance (there's also a candle in the daily chart rejecting this area)
- Waiting for confirmation (e.g. bearish engulfing candle)
- Posible target to previous area of buyers
What do you think?
More