Saturday, March 1, 2008

Gbp vs Jpy 1H Update #2


Bullish Reversal Signal ? At the moment, its like a "Double Bottom" (blue rectangle). As long the long critical line 3 has not been taken, a Bullish Reversal idea is valid. Otherwise we will see a Bearish Continuation again. Wait for a good either Bullish Reversal Signal or Bearish Continuation Signal from BSTS before making any entry.

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