Thursday, August 7, 2008
GBPJPY : 123-Pattern or Double Top
3:11 pm gmt +8
Market still in indecision mode.
Stoch and RSI indicate that... market still controlled and interfered by BULL. However its not suggested to enter LONG position until the market make decision on which way to go. Yet the price already high.
123-formation for BULLISH continuation and Double Top formation for BEARISH.
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