Wednesday, November 17, 2010

Gbp vs Jpy 1H

Preferably, I'm looking forward towards a bearish continuation trend scenario either to perform an extension of corrective wave a in aqua or corrective wave c in yellow. A breakout towards the white critical line would bolster to this scenario. Otherwise, please be careful for another bounce scenario from the lower bull channel trendline perhap to complete corrective wave b in white. Good luck.