Wednesday, February 27, 2008

Gbp vs Jpy 1H


I'm looking for a big "Double Top" (blue rectangle) to be establish later. I'm still prefer for Bearish Reversal trend to be happen later. Watch closely the short critical line. As long the short critical line has not been taken, Bearish Reversal specualtion would still be valid. A strong breakout to the lower trendline will boilster this point of view. Otherwise we shall see a Bullish Continuation later. Preferable - Bearish Reversal.

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