CryptoCapital100

NZDCHF H4 Anlysis (Short)

Short
OANDA:NZDCHF   NZD/CHF
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NZDCHF (H4): On the H4 TF price formed a Bearish Head & Shoulder’s pattern, this resulted in price falling to my 0.67670 which was also a retouch of the trend-line drawn on the H4 TF. After this retouch price gained bullish momentum, I expect price to retest the neckline of the Head & Shoulder’s (0.68530) before continuation of bearish movement. Daily analysis adds confluence to my LTF Analysis. Target 1: 0.67700 Target 2: 0.66150 (H1 Entry)