Wednesday, December 3, 2014
Gbp vs Jpy (1H)
At the moment, I am looking forward for a potential or either a bearish retracement trend scenario either to complete wave 4 in yellow or corrective wave a in white. A good breakout towatd the lower yellow trend line would bolster to this scenario. Please be noted that market may perform a bull trap pattern. Otherwise, we may see another strong bullish rally to complete wave 5 in aqua. Good luck.