Tuesday, December 4, 2012

GBP/JPY H1 Update + TPI

Rationale:
Bought 38% Ret in anticipation of wave c to the upside.
Then  selling 132.60 - 132.70 area for wave (c) pullback is expected.

Entry:
(1)Buy Limit  @ 131.90
SL: 20pips
TP: 132.60

(2) Sell Limit @ 132.60 and 132.70
SL: 132.80
TP:131.50

Take care,
Seb


Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/gbpusd-h1-update-tpi.html

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