Wednesday, January 1, 2014

USDJPY: Closes the Year Beneath 61.8% Fibonacci Resistance

The symmetrical triangle did cause a few headaches as it unravelled. But then this is typical of such a pattern as they are rarely ever textbook and stay nicely within your trendline. This then requires constant readjustment of the analysis and the risk of being whipsawed into unfortunate trades, and



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