Wednesday, January 13, 2010

Gbp vs Jpy 1H

At this moment, I'm looking for a bearish reversal trend scenario (diagonal triangle pattern) at tf M30 either in white or magenta. Therefore advisable to look for any good opportunity towards a bearish entry from BSTS later. A false breakout scenario and a pullback from the upper green trendline would bolster towards this scenario. Otherwise, please be careful for any breakout towards the white critical line. Good luck.