Wednesday, November 26, 2014

Gbp vs Jpy (1H)


At the moment, I am expecting either a bearish retracement trend scenario or a bearish reversal trend scenario. A breakout toward the lower red trendline would bolster to the alt counts either in aqua or white. Otherwise, we may see market to perform a bull trap in yellow before expecting any potential towards a downturn. Good luck.

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