EURCZK SHORT

٢١ فبراير ٢٠٢٠

Price has been on a consistent downtrend and has just recently broken through a key support. Price has retraced back to the 50-61.8% fib zone in addition to hitting the 200EMA on the 4H in conjunction with the new creation of a lower high. I would like to see a strong rejection under the 200EMA in order to begin looking for shorts.