Tuesday, December 23, 2008

Gbp vs Jpy 1H


At this moment, price already made a weak breakout to the upper green diagonal triangle trendline, and therefore I'm looking forward for a further upside trend to bolster the bullish reversal trend referring to the alt count in yellow. But, please be careful for any bearish trend either to perform corrective wave b in white (bearish trap) or wave 5 in magenta. Good luck.

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