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Target hit. Rectangle formed. Scalp Long.

Long
EUR/HKD (OANDA:EURHKD)  
InvestingScope  
OANDA:EURHKD   EUR/HKD
Trend Analysis Chart Patterns Technical Indicators EURHKD EUR HKD euro hongkongdollar Forex Currencies currency
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trendanalysis chartpattern indicator eurhkd eur hkd euro hongkongdollar forex currencies currency
The previous TP = 9.23060 has been hit as the 4H Channel Up peaked just above 9.25000. EURHKD is now trading within a 1D Rectangle (RSI = 46.757, STOCH = 50.624, ADX = 26.644, Williams = -54.225, Highs/Lows = 0.0000). We will be performing scalp trading on the tight bands of this Rectangle with the first trade a long (TP = 9.2050).
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