JD_FX

Long order placed on Eur/Chf

Long
OANDA:EURCHF   Euro / Swiss Franc
- Waiting to see a pullback on the bounce off the trendline, I have placed a buy limit at 1.07671
- 200day SMA swooping nicely underneath the price
- Can see a support level around the 1.07484
- daily stochastic oversold and starting to curve back towards the upside
- %K & %D on the stochastic have crossed indicating a change in direction

Buy limit - 1.07645
SL - 1.07367
TP1 - 1.08193
TP2 - 1.08464
Trade closed: target reached: TP1 hit