Hightest_bar
Short EOD trade on Brent Crude at the $50 psychological levelPlease see annotated chart for details.
Short AUD/CHFPushing downward, price has retraced suitably into a location of resistance on the chart, a static level of ~0.7080 and the 8 ema closing as a high test bar/bearish pin bar. Price has rejected both the 38.2% and 50% Fibonacci retracement levels.
entry - below low of high test bar
stop loss - above high of high test bar
target - previous support level near 127.2% Fibonacci extension
Shorting GBP/AUDShorting GBP/AUD as today's high test bar has shown resistance to ~2.0870, the falling trend line and 50 ema all of which have lined up close enough to a tee. Stochastic and RSI also show bearish hidden divergence .
entry - below low of high test bar
stop loss - above high of high test bar
target - at previous low or lower
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