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Wednesday, October 21, 2009

Live Analysis USDCHF 2009-10-21

USDCHF is potential on a Bearish Gartley, on the CD leg now.  Expect price to rise and when D forms, it is the best place to short.



















Update: Price pattern failed.  Did not happen as predicted. :-)



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1 comment:

  1. UnknownWednesday, October 21, 2009 at 7:48:00 AM GMT+8

    Did the same analysis this morning as I couldn't help it knowing how some trade info failed, saw the potential resumption of the downtrend for this pair to be between 1.0193 and 1.0198, which is very close to your analysis.

    Now all we have to do is to see how the pair plays out. Must say I haven't been so excited since I threw indicators out of the window.

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