Monday, August 10, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for an opportunity towards a bearish reversal trend and a bullish trap scenario refering to the alt count in yellow. A breakout towards the lower red trendline would bolster to this scenario. Therefore, advisable to look for any bearish reversal entry signal from BSTS later. Otherwise we may see another bullish continuation trend either in white or magenta.

No comments: