Thursday, October 8, 2009

Gbp vs Jpy 1H


At the moment, I'm looking forward for a bearish continuation trend scenario refering to the alt count in yellow. A valid descending triangle pattern and a pullback from the upper yellow trendline later would bolster towards this scenario. Therefore, advisable to look for any opportunity for a bearish continuation entry signal from BSTS later. Otherwise, please monitor for any breakout either towards the upper or lower yellow trendline. Good luck.

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