Eur/Chf Update (Still a sell in my opinion)

2019-11-27 13:30:50

If you look at the last 15 to 20 daily candles you can see price rejection after rejection after rejection after rejection and I can keep saying it over and over and over and over and over and over

Just because some eur's are a buy against other currencies does not always mean its a buy against all. There is no way anyone should buy this pair with all of those price rejections on the daily chart! If you do buy, most likely you will get rejected again at the fib retracement level seen on the chart!

Its still a sell in my opinion and you should always start on the daily chart because thats will happen all day, and not in the next few hours!
If your trading system gives you a buy or sell signal and price moves the other way, that means that your system told you that the best area to buy was now.

(Always try to cut losses as fast as possible though)