Wednesday, October 21, 2009

Gbp vs Jpy 1H

At this moment, please be noted that an ascending triangle (yellow triangle) pattern may indicate that we may see another bullish continuation trend refering either towards the alt count in magenta or yellow. Otherwise, a breakout towards the lower yellow trendline may bolster to the truncated scenario refering to the alt count in white. Therefore, please wait for any breakout to determine which alt counts that is more favourable. Good luck.

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