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Elliott Wave Analysis & Forecast, GBPJPY, H4, 20150807


GBPJPY: has placed not only top but double top  at 195.27. It is assumed that green wave b completed at 195.27 and now we are in green wave c and the ideal target for green wave c is near 185 or even lower. Short term trader can enter into trade at current market price or better with target near previous low around 185. Stop loss will be just some pips above start of green wave b.

muhiuddin

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