Tuesday, November 20, 2012

Gbp vs Jpy 1H

At the moment, I believe market in progress to perform a bearish retracement trend scenario either to perform a corrective wave a in yellow or wave 4 in aqua. A pullback from the yellow/aqua critital line would bolster to this scenario.Otherwise we may see another breakout to complete wave 5 in white. Good luck. 

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