Friday, December 12, 2008

Gbp vs Jpy 1H


At this moment, price still at the upper green diagonal triangle trendline and I'm looking forward for a true breakout to perform subwave 1 in yellow to bolster the bullish reversal trend scenario. Otherwise, market may go to the downside either to perform corrective subwave b in white or subwave 5 in magenta. Good luck and happy weekends.

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