Monday, January 18, 2010

Gbp vs Usd 1H, Daily and Monthly

Gbp vs Usd (1H) - At this moment, I'm looking for a valid diagonal triangle bearish reversal trend scenario either in white or magenta. Please be careful for any "bull trap" scenario in magenta. Advisable to look for any opportunity towards a bearish reversal entry signal from BSTS later.

Gbp vs Usd (Daily) - Preferably, I believed market in progress to perform subwave 2 either in white or magenta before expecting for a bearish continuation trend scenario once completed. Otherwise, please be careful for any breakout towards the upper green trendline.

Gbp vs Usd (Monthly) - Favourably, I'm looking for another major bearish trend either in yellow or magenta. Good luck.