Friday, February 22, 2008

Gbp vs Jpy 1H Update #2


Is it only a "False Breakout" in order to establised a "Double Bottom" ? If true, then its a signal for a reversal bullish trend to perform later on. Only can confirm if we have a strong breakout to the upper trendline of the triangle and further more if the price breaking the upper critical point. Otherwise if the price continue DT and breaking the critical line, the bullish idea will be in doubt.

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