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CapMoore
Oct 28, 2014 7:12 AM

Price stalling by the 61,8 CD level 

British Pound/Japanese YenFXCM

Description

P has cleared way of most res on the Ichimoku H4 , but is at res at the 61,8CD w a slower cd leg. If a DT is coming here P the target of the ABC61,8D pattern may be in play, at the 61,8 of the whole pattern at 171,82. A close above 174,25 instead may expose the D level at Pivot confluence of Monthly PP, Weekly R2 at 176,00
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