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DLavrov

GBPCHF Bullish Divergence

Long
British Pound / Swiss Franc (FX:GBPCHF)  
DLavrov Updated   
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Support and Resistance Technical Indicators GBPCHF Forex
29
6
trendanalysis supportandresistance indicator gbpchf forex
The trading idea is based on a bullish divergence which gives a trend reversal signal. MACD supports the upward movement. RSI confirms price reversal from the support level. DMI allows opening long trades. Entry level is 1.31050 with stop orders at 1.29800 level. Profit targets are 1.33000 and 1.34500 resistance levels.
Trade closed: stop reached
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