Monday, March 3, 2008

Gbp vs Jpy 1H Update


The price already kissed my FE 100% (203.48) and at the moment I believed the price will do a correction(retracement). A breakout to the upper triangle trendline(blue) will boilster this point for view. But if the price break the lower trendline, most probably we wll see another continuation. Just wait for a good signal from BSTS before make a long entry. Preferable - Retracement.

No comments: