Sunday, May 2, 2010

Gbp vs Jpy 1H

At this moment, I'm looking forward for an opportunity towards the bearish reversal trend scenario refering to the alt count in white. A strong breakout towards the S3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout towards the white critical line OR a possible major ascending triangle pattern that would favor toward the alt count in yellow scenario. Good luck.