EUR/CHF Big sell in action

30 ago 2018

EUR/CHF is halfway to TP1 and has strongly fallen from the rising wedge and also symetrical triangle. Also Head and Shoulders on the daily and the flag we have broken from all leads to a big downfall. We are also in pitchfork on the daily and moving towards the lower middle part and moving towards the lower BOLL bands. I would suggest smaller lotsize for this trade as the entrypoint here is not the safest one for big lots, as it has fallen the recent hours a lot and might do a little pullback, but in longterm the entrypoint is worth it.