Scalp buy trade in USD/CHF | Oct 21, 2019

Updated: Oct 25, 2019

Price close above 3x3 SMA then closed below it and then again closed above 3x3 SMA (blue line). It seems to be sort of double repo pattern.

Its classical target is FIB50.0 but I'm just targeting FIB38.2. TP 2.0 pips below FIB38.2 and SL 1.0 pips below swing low.