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4hr Anchor updates USDCAD

Discussion in 'Personal Trade Journals' started by kasim ijelu, Apr 5, 2011.

  1. kasim ijelu

    kasim ijelu Private, 1st Class

    Mar 11, 2009
    Likes Received:
    Bullish butterfly on the 4hr and a bullish Crab on the Hrly so potential is very great. Also Prices have stop at the powerful 88.6% fib and two confirming time frames hrly and 4hr patterns calling for a reversal.
    The only thing is that we are still in a falling phase dwn to 0.9542 127.2% ex and 0.9440 161.8% projection from the ABC drop so 0.9615 WILL NEED TO
    the fall also coincides with a possiable elwave 5th wave dwn to 0.9542 area 127.25 projection still 0.9615 will have to HOLD FOR THIS PATTEN TO WORK OUT if broken the look for futher dwn side

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    #1 kasim ijelu, Apr 5, 2011
    Last edited: Apr 5, 2011

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