Monday, January 10, 2011

Gbp vs Jpy 1H

At this moment, market just consolidated between the S3 and R3 critical line. A breakout is important to determine which alt count that is in favour. Preferably, I'm looking forward for a potential further bullish continuation trend scenario either refering to the alt count in yellow or aqua. Otherwise, we may see a bearish reversal trend scenario in white. Good luck.