nickflores511

CHFJPY Short Idea

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OANDA:CHFJPY   瑞士法郎 / 日圓
Divergence occurring on the 15 min chart. Taking a short position at the .382 retracement in hopes of catching the beloved 3rd wave. Setting conservative stop loss above .236 retracement where a break above would indicate an incorrect wave count. Take profit line set just below the 100% retracement where next level of strong support shows.
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