Is it really a Mature Trend ??
But price did not reverse immediately after that range breakout with bullish bar to start of the day and price keep falling and no urgency was shown and I would consider it more downtrend to follow. So, watch out any failure after retest or at new higher low now
I give it one go for a retest but if you see it closely, it make higher highs and hold on to those highs in first chart , Price the show bit of liquidation and makes a new high with elongated Candlestick and today selling could be part of testing the supply of that bar.
Blog is about Forex Trading for beginners. . Build forex trading strategies and make a living with Forex Trading.supply and demand price action, supply and demand zones, Price Action Techniques & learn to trade like banks and institutions
Monday, April 07, 2014
Intrady another Reversal in usdchf could be there. Try and understand Context !!
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