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Day: September 19, 2019

52 posts
How to use Fibonacci Expansion to Set a Limit

How to use Fibonacci Expansion to Set a Limit

You’re about to ride a bullish trend; you plan your stop loss and gauge how much you can risk. You also know the rule of thumb—that is that your profit should be at least twice the amount you are willing to risk. But how can you know if the trade you’re considering really has potential…
GBP/CHF Target Level: 1.2478

GBP/CHF Target Level: 1.2478

Channel Up identified at 19-Sep-2019 05:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2478 within the next 14 hours. Supported by RSI below 40 Chart 15 MinutesPattern Channel UpLength 179 CandlesIdentified 19-Sep-2019 05:00 UTC