Hourly Forex Trading Strategy #JPY – Extended Fifth or 3 of III
Posted by Steve on 8 February, 2012
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This item was filled under [ Charting Strategies ]
As weekly 84.75 pivot point contains, we suspect we have already seen wave 3 of III that should be doubly retraced with a pullback to at least 83.85 and possibly a full 83.20 target before the uptrend resumes to weekly 86.00 downtrend resistance. Directly over 84.75 suggests we are still in the third wave that [...]