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Old 02-07-2008, 07:22 AM
Nili Nili is offline
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Join Date: Nov 2007
Location: Moldova, Chisinau
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Hello everybody!
Here is the trade plan for today
Quote:
GBPUSD flat on M15
Hello everybody!
Right now we are in the flat M15(1.9653-1.9662) Take a look at the picture.
07022008tp.png (image)
So as you can see there are market two variants of movements. You can see the first(a) wave down then it's correction b and the a(C) wave. This variants of movement are shown in both directions. The resistances for the blue variant are 1.9681; 1.9712; 1.9760. Breaking the 1.9553 will annul this scenario.
The supports for the red variant are 1.9514; 1.9486;1.9447. The annulling of this scenario will come with breaking the 1.9662
Be careful, because it can reverse at the borders of the flat.

Best Regards
Tacomy
The trade plan is taken from Forex blog: Dow Jones, Elliot, News and all other kinds of trading!
Good Luck!
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