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Forex Trading System by A traders Universe. 40 pips on the USD/CHF pair.
USD/CHF part 1. Phase 1 trigger with both stochastics overbought and the top stochastics showing divergence. We also have a phase 2 confirmation with price testing a longer term resistance and a fibonacci retracement level. Next down on the hourly, we have a snug support trend line drawn in which is then transposed on to the 15 minute. A plan is then set and we wait for price to do what we want it to do.
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