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Due to a internal X-Sequentials X7 pattern it was forecasted (3/14/2010) that the up move´s potential was restrcited to the area of 1.52327-1.52852.
It was recommended to short the Gbp/Usd between 1.52327-1.52852 ´till 1.50154 and to take a long position at the down moves target zone at 1.50154-1.4913.
The low was at 1.49740 on 3/16/2010 .
Current quote at : 1.52455
Profit (short position):
+217 Pips
Running profit of the long position :
+230 Pips
Chart : Gbp/Usd 60 Minute X-Sequentials Chart
Forecast :
Keep your long position with a stop at 1.4913 ´till 1.55 .
yours sincerely ,
Devin Sage ,TXA Trading
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