Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Thursday, May 31, 2012


Weekly chart

Still in large triangle
approaching lower boundary
1.53 BUY level  (stop close by)

Daily chart

Daily in the MEGAPHONE formation
Failed break out
expect a test of lower boundary and possible fake out on downside
successful test for LONG trade

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