Thursday, July 22, 2010

Hot Chart


There is 2 possible EW counts for that long term GBP.usd chart , they both pointing down , and the 1.5 will be the key level to decide whether that will be a correction to c wave or a new down-leg emerging , a break of the top will invalidate the Alternative count which shows the last down leg and wave 1 and we r now at wave 2 with wave 3 to go

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