Tuesday, October 19, 2010

Gbp vs Jpy 1H


At this moment, I believed market just completed a "bear trap" pattern and therefore, I'm expecting market to perform a bullish reversal trend scenario to complete subcorrective wave c either in white or yellow. A breakout towards the pivot critical line would bolster to this scenario. Otherwise, please be careful for any breakout towards the S3 critical line. Good luck.

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