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YZumbrunnen
Jan 30, 2017 5:52 PM

GBPCHF Short after break of the trendline Short

British Pound/Swiss FrancFXCM

Description

Had my entry order placed at 1.24990 and got filled with the impulsive candle. Weak trendline but took the trade because of the good reward to risk ratio. Stop above recent highs and target at least at the last support level.

Comment

Price went to the support level at around 1.23450. Let's see if price goes back and breaks that level.
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