NZDCHF D1

30. Nov. 2019

Price is following a downtrend making lower lows & highs. Price is now at previous strong support structure now new potential resistance, which also aligns with the long term descending trendline making a "3rd touch", where I will be watching for a reversal back to the downside to resume the downtrend & make its way back towards the previous lower low next.

30. Nov. 2019

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Pin bar made to the top of the daily channel

30. Nov. 2019

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H4: Shooting star candle / evening star formation at resistance trendline

30. Nov. 2019

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H2: Entry confirmation will be after a breakout of the channel, along with support structure (Orange zone).