Sunday, November 21, 2010

Gbp vs Jpy 1H

Preferably, I believed market in progress to perform a bearish reversal trend scenario either to perform subwave 3 in aqua or corrective wave a in white. A breakout towards the bearish continuation critical line 1 and lower channel trendline would bolters to this scenario. Otherwise, please be careful for another bullish rally and breakout towards the aqua/white critical line. Good luck.