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glennmercer
Aug 20, 2015 1:39 PM
GBPCHF Correction - Long to Daily Pivot
Long
FX:GBPCHF
60
British Pound/Swiss Franc
FXCM
Description
⋅
Aug 20, 2015 1:39 PM
GBPCHF
has completed a 5 wave impulse and is due for a correction. Upon a 1HR candle close above the trendline and broken resistance, a long position to the daily pivot for 8/20 provides a high probability trade.
Divergence
knoxvilledivergence
correction
EW
ewcorrection
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