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gibbsys
May 11, 2021 4:45 PM

CHFJPY Long Setup Long

Swiss Franc/Japanese YenFXCM

Description

Trend: Bullish
structure: Trend line and horizontal resistance.

Plan: We have identified a rising trend line mixed with a level or horizontal resistance.

We now await stochastic conformation before entering a long position with a tight SL in case of a breakout to the downside.
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