bearish-high-test

amanpaulbhogal amanpaulbhogal NZDCHF, D, Short , 2 years ago
NZDCHF: High test close on NZD/CHF
59 0 2
NZDCHF, D Short
High test close on NZD/CHF

Price action is trending downwards establishing consecutive lower lows and lower highs. A bearish high test rejecting the 0.7490 level, the 50% retracement and closing under the 38.2% Fibonacci level symbolises a continuation setup short potentially into 0.7190. entry - below high test stop loss - above high test target - support area at ~0.7190

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