EURCHF short idea: analysis and entry

Monthly:
- down trend
- rejection of previous support now resistance
- 0.618 fib confluence on retracement


Weekly:
- rejection of previous support now resistance


Daily:
- recent break out of accumulation pattern (pennant)
- retest and rejection


4hr (entry):
- bearish flag formed as price approached daily structure
- break out of flag pattern
- retest at previous structure low with 0.618 fib confluence