Monday, March 7, 2011

Gbp vs Jpy 1H

At this moment, I'm looking forward for a potential of bearish reversal trend scenario either refering to the alt counts in aqua or white. A pullback from the pivot or R3 critical line and follow by a breakout toward the S3 critical line would bolster to this scenario. Otherwise, we may see another bullish continuation trend scenario in yellow. Good luck.