130+ Falling Wedge
After bottoming out on its 1995 low at 130.00 and showing quadruple divergence on the daily MACD, GBPJPY has started out the New Year w/ three up days in a row, and is in a position to post a 1-month high settlement. See chart below. For trend traders however the show has been in short [...]
Read more


January 6, 2009 