Mittwoch, 29. Juli 2009

Update GBP/USD crab pattern

GBP/USD 4 h head and shoulder setup. neckline 1.6420/30, break or bounce?

Besides the weekly bearish crab pattern, the 4 h chart also shows a head-and-shoulder-pattern setup. Lets see what the pair manages to do at the neckline 1.6420/30, either a break to confirm the pattern or a bounce up again.

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