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structure trading with confirmation
U.S. Dollar / Swiss Franc
Long
structure trading with confirmation
By VasilyTrader
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Updated
Mar 28, 2019
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Mar 28, 2019
hey guys,
dollar swiss is standing on a significant level of support after a selloff from 1.012 level.
finally, breaking multiple support levels, the market reached oversold condition,
and we see a formation of a reversal pattern on a lower timeframe.
I consider the ascending triangle in a bearish trend to be very important reversal pattern,
that lets you catch a nice pullback.
just wait and buy bullish violation of resistance line of a triangle with targets based on structure.
good luck!
Mar 28, 2019
Note
Still inside the triangle
Chart Patterns
dollar
Technical Indicators
Relative Strength Index (RSI)
structure
support
swiss
Trend Analysis
Triangle
USD
VasilyTrader
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