Saturday, 06 March 2010 19:22   




Trading Entry and Exit Analysis Update

GBP-USD

Comment

Bullish
reversal that followed with potential wave 3 or C target indicates the
major downside movement may end. However we still need a final
confirmation by waiting price overlaps the bottom 1 or A (Black Line)
at 1.5705. A failure overlaps that level open a possibility of wave 4
formation. But overall, we will face an upside movement for at least
2-3 weeks ahead.  Long Trade should be considered instead of Short
Trade.

When GBP USD up, then IHSG should moves stronger.

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Salam Kasih

Gema

www.stocksforliving.com


      
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