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SoxKeepYouWarm
Oct 16, 2014 1:50 AM

EURCHF Entry for expanding triangle continuation Long

Euro Fx/Swiss FrancFXCM

Description

EURCHF is forming an expanding triangle on the daily. Approaching the support line of the triangle, hourly chart is showing a descending channel.

Price has already bounced off of the triangle support line, if price continues upwards past previous high, will be going long.

If price stays in channel, will wait for a double bottom.
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