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GBPJPY H4 Inverted Head & Shoulders
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06-29-2009, 03:54 PM
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Shaun Overton
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GBPJPY H4 Inverted Head & Shoulders
Take a look at the attached chart.
The inverted height is 550 pips and the break occurred at 157.75. That makes for a price target around 1.635 on this break.
Disclosure: Currently long GBPJPY.
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