Wednesday, March 9, 2011

Gbp vs Jpy 1H

At this moment, I'm looking forward for any potential toward a valid "Head and Shoulder" bearish reversal pattern refering to the alt count in aqua scenario. A pullback from the fibo ret 61.8% and follow by a breakout toward the lower aqua trendline and pivot critical line would bolster to this scenario. Otherwise, please be careful for any further bullish continuation trend scenario.