EUR/CHF H4/H1 sell

Jul 30, 2018

Good morning,

Looking at EUR/CHF for a sell today. Anticipating a rejection from the current move and then if I can grab a slight pullback for a better price or one more push up and then a rejection from there. I prefer the second option but will see how this moves. It might turn out into a decent sell.

Jul 30, 2018

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Looking good. Waiting a strong rejection. If I don't get it this setup would be invalidated.

Jul 30, 2018

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I will trust this rejection based on the 15min. I can see also strength coming in from CHF.

I am in.

Jul 30, 2018

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Closed around the entry.

Jul 30, 2018

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Re-entered.

Jul 30, 2018

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After a lot of struggle, it moves. I could have taken a better pair to trade CHF strength though.

Jul 30, 2018

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Closed at 2R.

Jul 30, 2018

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Even though EUR was not a good pair to sell with CHF strength - it was best looking one for me as it comes to the setup. It gave me a good price and chance to place a small stop loss.
AUD/CHF and USD/CHF were absolutely the best performers with shallow pullbacks beforehand.