Tuesday, April 6, 2010

Sterling Yen

The four hour chart of sterling yen looks as if it can ressume its climb northwards this afternoon. The price is making a rising bottom above the 89sma while the stochastic is making a marked lower bottom. If this candle finishes as above, then it would be a very bullish morning star pattern. This would be a buy signal.
I am waiting for this .

Good Trading

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