Thursday, April 7, 2011

Gbp vs Jpy 1H

Preferably, I'm looking forward for a potential of market to perform either a bearish retracement trend scenario (yellow or white) or a bearish reversal trend scenario (magenta). Otherwise, we may see another bullish continuation trend scenario in aqua. A breakout from the horizontal flat zone is still yet remain to be seen to determine which scenario that is in favour. Happy weekend and good luck.