Monday, June 20, 2011

#GBPCHF Diamond

A very symmetrical diamond formation projection can be seen on GBPCHF 240 min charts. Next expected move is upwards towards the 1.3796 level.

Here is the chart:


The 240 min chart demonstrating the projection of a diamond formation. If indeed it turns out to be a diamond, next sequential move should be around 1.3796.


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