Wednesday, November 17, 2010

gbpusd BAT

I'm going to wait a little bit....

*the ABCD looks like it has the potential and should extend
(due to the extreme range bar in the middle of CD),

1) C = .618AB, so expect D=1.618AB
2) .886 XA
3) 1.27ABCD
4) 2.0 BC just sits outside the Bat PRZ
5) prior S&R

nice rising trend line looks like it will provide good support for the moment

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