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JB1FX
May 16, 2016 5:23 PM

GBPCHF Long Long

British Pound/Swiss FrancFXCM

Description

-Break of Descending Channel
-Daily MA crossed bullish
-50% fib bounce
-Price breaking C.T.L and 4hr res level

Entry providing day closes above C.T.L
D1 - Target 1
D2 - Target 2
Comments
JB1FX
Trade stopped out at Target 1
JB1FX
Trade still running. SL at 1.4370. Target 1 profit locked.
JB1FX
Trade running nicely in profit. Stop now at 1.4141 just under current days low.
Will look at price action at Target 1 and decide whether to close trade for 1:3 return
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