Wednesday, February 2, 2011

Gbp vs Jpy 1H

Preferably, I believe market in progress to perform a "bull trap" scenario either to complete subwave v/b in aqua or yellow before expecting a bearish reversal trend scenario. Therefore, advisable to look for any good opportunity toward a bearish reversal entry signal from BSTS later. Otheriwise, please be careful for any potential toward a strong bullish continuation trend scenario in white. Good luck.