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gstorms
May 20, 2019 12:47 AM

USD/CHF Retracement Long Long

FX:USDCHF240
U.S. Dollar/Swiss FrancFXCM

Description

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As we can see that USD/CHF is in a clear uptrend, this gives us an opportunity to enter long while it is retracing. I am using the fibonacci extension to give myself an idea of where my target and stop should be.

Target = 1.02

S/L = 1.005

Trend AnalysisTechnical Indicators
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