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Jul 14, 2020 5:47 PM
AUDCHF 4H short
Short
FX:AUDCHF
240
Australian Dollar/Swiss Franc
FXCM
Description
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Jul 14, 2020 5:47 PM
1. Wave A down trended with ABC correction
2. Wave B formed symmetric triangle and broke down support
3. Short position at break down support (now resistance)
4. TP = fib ext. 1:1 of Wave AB
5. SL = slightly higher Wave E of triangle
Trade closed: stop reached
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Jul 15, 2020 8:56 AM
SL reached, position closed
Triangle
Support and Resistance
Fibonacci
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