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jaytrader
Aug 11, 2015 4:58 AM

gbp/jpy Long

BRITISH POUND / JAPANESE YENICE

Description

here we see a very good trend and according to the way it is structured there is a expectancy of a HH. Also with finding the top 4hr range you can see that this range meets previous resistance which is another indicator of where it will go to test. finally candle formation indicates the bulls coming in and confluence with fib it looks like great potential move to go up to 195.500
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