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Kautilya
Dec 11, 2014 2:28 PM

Probable - Falling three pattern. Short

British Pound/Japanese YenFXCM

Description

GBPJPY may form a falling three pattern provided the current bar doesn't close above the big red bar on the left hand side... and next 8 hr bar is red.. then there is potential that GBPJPY will go to 185 and 183 respectively.
Comments
Kautilya
Both target met.. i still think that any up move in GBPJPY should be weighed properly.. trend is still down.
Neel_K
nice
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