Thursday, October 21, 2010

Gbp vs Jpy 1H

At this moment, a strong breakout or bounce from the white/yellow critical line is still yet remain to be seen to determine which alt count thats in favour. Preferably, I'm looking towards a potential "bear trap" scenario either in white or yellow. Otherwise, we may see another strong bearish rally towards the previous low of 118. Happy weekends and good luck.