We can clearly see that there are a consolidation in D1 of EURCHF with a decent rejection in D1 2 days ago. It is good signal that consolidation is still in play and seller has high chance of taking back the power. A sell limit around 1.142 will have excellent risk/reward and good chance to be success.
Comment:
Wait for changing course of action
Comment:
Course of action for up retracement already change, you can place your sell order at any time
Comment:
You can move SL to entry
Comment:
You can TP at your will