Wednesday, April 15, 2009

Gbp vs Jpy 1H


At this moment, price already at the lower red teal triangle trendline (neckline). Preferably, I'm looking forward for a further breakout to the downside trend to bolster the bearish retracement trend either to complete wave 2 in magenta or major corrective wave b in yellow. Otherwise, please be careful for any false breakout or bounce scenario. Good luck.

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