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Mrdell
Apr 26, 2019 4:39 PM

[EURCHF] CONSOLIDATION OR UPTREND? Short

Euro Fx/Swiss FrancFXCM

Description

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
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