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Thursday, January 30, 2014

GBP/USD - Long term count.

GBP/USD - Long Term Count

Please see my long term Cable Count from October 5 2013 here

Zink asked me about, where I expect wave e to end.

E wave of triangles are almost always tricky waves, as they can be sub-normal, but they can also go the maximum distance to the triangle support line.

However, in this case I will be looking for 1.5854 as the first target, but it can become deeper than that. Only time will tell.

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