Thursday, November 12, 2009

Gbp vs Jpy 1H


At this moment, favourably I'm expecting for any possibility towards a "pullback" scenario from the upper green trendline to complete subwave iii in white. A breakout to the pivot and S3 critical line would bolsters to this scenario. Otherwise, please be careful for any "bull trap" or a " double top" scenario. Happy weekends and good luck.