Monday, October 25, 2010

Gbp vs Jpy 1H


At this moment, I'm looking forward for a potential "bear trap" scenario to perform a bullish reversal trend to complete corrective wave C either in white or yellow. A breakout towards the upper yellow trendline and 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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