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TomBurgoine
Mar 1, 2017 9:38 PM

GBPJPY Long Long

British Pound/Japanese YenFXCM

Description

This great formation comprises of a quadruple bottom whereby after 2 double bottom's, there then was a 3 candle price rejection. This is then followed by a further 2 double bottoms at the previous support. Combining this with an Elliot wave count, gives me a strong probability of a long with 3 take profits.

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