Thursday, March 31, 2011

20110331 - GBPUSD Plan

Bearish Bat formed, with Potential Reversal Zone between 1.6105 to 1.6130.
Alternate Bearish Bat limit is at 1.6166.

Plan entry at 1.6142 to short on Bearish Bat, also day shadow ~74pips.
SL 40pips at 1.6182.
TP is 61.8% retracement of run, at 1.6020.














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