Thursday, January 13, 2011

Gbp vs Jpy 1H

At this moment, I believe market have a strong potential to perform a bearish reversal trend refering to the alt count in aqua. A valid "diagonal triangle" pattern and follow by a breakout toward the lower aqua trendline would bolster to this scenario. Otherwise, we may see a bull trap scenario perhap to perform the incomplete of wave 5 in white. Happy weekend and good luck.