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Thursday, November 25, 2010

GBPCHF

GBPCHF:

Quick one on this pair. I see price bouncing of 4hr TL and previous high "A" was taken out to form new high "B", before the third bounce on the TL at "X". We are hoping to long this pair till double top on daily.


1hr:

Price bounced on TL at "X" and broke 1hr TL formed a high and now about retesting at RT to form bullish crown pattern. We are hoping to long at RT.

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