View Single Post
  #35 (permalink)  
Old 07-14-06, 08:44 AM
rufffen's Avatar rufffen rufffen is offline
Zone trading
 
Join Date: Jun 2005
Posts: 1,056
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 15
rufffen is on a distinguished road
Re: EUR/JPY CYCLES UPDATE Part1

Right about now could be a good idea to short GBP/JPY, there is a wolfe wave pattern with a slight overshoot over normal ratios on 1 hour chart, however Id say this fractal still looking good for 209, Id put my stop at 214.60, this item is trading at 213.60 on my platform at the moment.
 
eur-jpy-cycles-update-part1-wolfe-gbpjpy1-gif