JULY 30,2008 cable pair prediction

The trap was formed in daily chart,according to the public's habit at this time was bearish trend.Daily range movement has been reach out 150 point more, maybe the correction pattern could be created,if it were happened we should use fibonacci pattern 123 elliot wave to solve it.





Attempt to buy on this situation after fibo 123 line will created.combined with another indicator recommended on blog of mine