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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.



2 comments

2 commentaires


Anand Dubey
Anand Dubey
25 oct. 2019

USD/CHF continued going up and hit FIB50.0 yesterday, that is classical target of Double Repo.

J'aime

Keon Consultancy
Keon Consultancy
23 oct. 2019

The trade has been accomplished at target/TP.

J'aime
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