ForceFollower
Long

Long-term outlook still bullish

FX:GBPAUD   British Pound / Australian Dollar
94 3 0
Possible target at the upper border of the downward channel or some upward median line parallel. The channels' set seems to contain price more consistently though (better tests).
Sorry, I take my "disagreed" back. You mentioned "long term outlook". So of course we can close the gap before going up.
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ForceFollower motleifaul
It's OK. It's hard to analyze charts with parabolic moves. That's why I resorted to the daily and then even to the weekly time frame... Yes, the gap in the 4-H chart will probably be closed first.
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Shouldn't we close this gap in the 4h-chart first?
http://saved.im/mtg5mzy4zgyw/gbpaud20130610.jpg
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