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DK_Investment
Mar 25, 2019 9:28 AM

Swissie - within up wedge - buy on 1H - correction trade Long

U.S. Dollar/Swiss FrancFXCM

Description

just now
- price is within smaller time frames in up trend wedge
- currently searching for support at 0.9935 - 0.994
- open long if this support doesn´t break until evening
- wait for confirmation before entering this trade
- RSI continues to follow up trend
- price supported by 50 day moving average which is important for smaller time frames

Good luck to all and have a successfull week !

Trade active

short position active after close under trend line
take profit 0.99
Stop loss above 0.994

Trade active

move stop loss to entry

Trade closed: stop reached

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