Thursday, February 10, 2011

Gbp vs Jpy 1H


At this moment, I'm looking forward for a good potential bull trap scenario which is a typical false breakout behaviour in diagonal triangle pattern in aqua or yellow. A breakout to the pivot critical line and white critical line would bolster to this bearish reversal trend scenario. Otherwise, if market further going up then I believe market still in progress to complete subwave 3 in white. Happy weekend and good luck.