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fxmillions
May 31, 2016 7:50 AM

Get ready for a sharp bearish impulse Short

British Pound/Japanese YenFXCM

Description

Price is getting closer to a high-probability PRZ (price reversal zone marked in red rectangle.)
Harmonic: AB=CD completion
Elliott waves: ABC correction complete in multiple degrees.

I would wait for the price to reach the red rectangle and show signs of a reversal.

Comment

Didn't quite reach the PRZ
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