{lang: 'en-US'} GBP/USD H4 Update + TPI ~ ElliottFxTrader Blog

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Tuesday, 4 December 2012

GBP/USD H4 Update + TPI

Rationale:
GBP/USD latest break-out from range puts more upside into view.
THe idea is to buy into trend line test having Elliott Wave count that supports this bullish bias.

Entry:
Buy the dips into trend line test - orange restangle area.
SL:1.6050
TP: Sell area (orange rectangle)

Take care,
Seb


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