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fximperija
Jul 27, 2014 11:17 AM

#GBPJPY aka "The Beast" at crossing? 

British Pound/Japanese YenFXCM

Description

The Beast still in ascending channel, tested the TL (blue) but no closing below both. Bracket levels high and low for both bullish butterfly and bearish shark. This sideways action could break either side. The median and previous LH could make the beast harder to reach for the shark completion, and , on the other side the 2 TLs a reach for butterfly completion.
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