Tuesday, 1 December 2009

EUR/GBP Analysis


Didnt do that one more high id hoped for but the drop looks like its begun with 5 waves down complete to complete the first wave. Has bounced off the 2nd trendline using the lows of this rise.

Will look to feed in short positions now from the 38.2 retrace back up from this drop this morning. Pretty gutted missed the top from yesterday and what a double top that is!

Short order from yesterday cancelled

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