- Monthly : Nearing top edge of a big triangle, continuation of long term downtrend. 4th wave triangle.
- Weekly : Local double top, but NL is still far away. Nearer now to the top.
- Daily : Topping out.
- Fresh short small at 1.5747. Fully intend to sell more a bit higher up.
26 October 2010
GBP/USD : Initiated Short @ 1.5747
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-1.5788
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