Thursday, November 20, 2008

Gbp vs Jpy 1H


Please analyse the latest posibble counting and preferably, I'm still believed market will perform a bullish reversal trend later (white or yellow). A breakout to the major upper green trendline would bolster this scenario. Otherwise this scenario would be in major doubt if there is any true breakout to the white/yellow critical line unless if its only a "throw-over" or bearish trap scenario. Therefore, please monitor closely both critical lines to determine the probability of major trend later. Advisable to look for an opportunity of the bullish reversal trend from BSTS later. Good luck.

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