My Ironclad Rule

"It's not how many pips you make, It's how much risk you take"

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Tuesday, March 30, 2010

GBPUSD : Bearish Bat [UPDATED]


Break or bounce? I'm anticipating a break at the current support trendline as I'm waiting for confirmation on my MACD to turn into downside level. The flag pattern also looks convincing enough for breakout to the downside.

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