Wednesday, August 27, 2008

Gbp vs Jpy 1H


At this moment, I'm looking forward for a further breakout to the twin upper diagonal triangle trendlines to bolster either the bullish retracement (magenta) or the bullish reversal (white) scenario. Preferably, I believed market will be in upside movement (magenta or white) soon if the "throw-over" and the twin diagonal triangles is valid. Otherwise we may see another bearish continuation refering to the alt count in yellow. Good luck.

No comments: