Tuesday, February 8, 2011

Gbp vs Jpy 1H

Preferably, I believe market have a good potential to perform a bearish reversal trend scenario either refering to the alt counts in yellow or aqua. A pullback from the pivot critical line and follow by a breakout toward the S3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout toward the yellow critical line. Good luck.