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British Pound / Japanese Yen
Short
Dec 7, 2013
GBP JPY POTENTIAL HARMONIC PATTERN
7
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4
4
THE PRZ is ard 168.30-168.50 areaRSI shows over bought and NFP doesn't push JPY to a new high.
Target 1 is point D which is 1.27 of AB leg and also 0.786 of XA leg. Around 164.83 - 164.97
Then we can long from that area, looking for a reversal sign again.
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