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Tuesday, 4 December 2012

GBP/JPY H1 Update + TPI

Rationale:
Bought 38% Ret in anticipation of wave c to the upside.
Then  selling 132.60 - 132.70 area for wave (c) pullback is expected.

Entry:
(1)Buy Limit  @ 131.90
SL: 20pips
TP: 132.60

(2) Sell Limit @ 132.60 and 132.70
SL: 132.80
TP:131.50

Take care,
Seb

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