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kate25
Jun 14, 2014 6:16 PM

EurJpy Long

Euro Fx/Japanese YenFXCM

Description

To start the bottom trend line can only be validated from may of last year -however since this pattern remains within the uptrend channel I believe the bottom trend line has a valid argument. The internal structures are comprised of 3 moves - moves 2 and 3 are fairly equal throughout all internal structures. There are basically 3 major moves left - a push below the triangle that does not exceed the level of C should signal resumption of the uptrend
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