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Usdpkranalysis

Week 9 assignment (EXHIBIT A) for USDPKR by PROSHERIFFUSDPKR LONG LONG BIAS DOW THEORY: LONG DIVERGENCE: LONG TREND LINE: LONG PARALLEL CHANNEL: LONG SHORT BIAS CANDLES: SHORT FIBONACCI: SHORT (TGT 0.5) PLAN 1 1. Wait for bullish candles at 215.00 2. If it confirms then take a long position. 3. TP = 226.00 4. SL = Fib 0.5 lvl (210.00). PLAN 2 1. If the trend line breaks at 215.00 then wait for bullish signals at 210.00. 2. If bullish signals are significant then take long above 210.00. 3. TP = Fib lvl 0.382 (217.00) 4. SL = Fib lvl 0.618 (204.00)
Long
by Prosheriff