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Break and retest (Trend Continuation)

by Alok R, February 12, 2021

EUR/CHF H4 Break and retest (Trend continuation)

by Alok Ranjan February 12, 2021

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EUR/CHF

|

Short

|

H4

Timeframe:

H4

Analysis Method:

Break and retest (Trend continuation)

Analysis:

Down trend on 4H and price retested the last 4H LL area..
It denotes a possible trend continuation and likely to make a new LL..

Trade Plan:

Short below the retest line

Risk Management:

1:5.5

Things To Watch For:

we can watch for any wicks forming from downside..

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