Friday, June 12, 2009

Gbp vs Jpy 1H

At his moment, unless we see any strong bullish breakout, I believed market will complete a truncated wave 5 in yellow before expecting for a bearish reversal trend to complete major wave 5. A valid diagonal triangle pattern and a breakout towards the lower yellow trendline would bolster towards this scenario. Good luck and happy weekends.

No comments: