Thursday, August 7, 2008
GBP : Bearish
9:10 am gmt +8
At the moment the H4 candle indicate bearish... and agreed by all time frames.
This could mean that the price already achieved the highest high of the completed wave.
And it also suggest that the market will BEARISH to find the lowest price.
Or the other possibility is the price will soon form double top on H4 and H1. However at the moment, there are no significant sign on small TF for double top formation.
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