Friday, April 10, 2009

Gbp vs Jpy 1H


At this moment, I'm waiting for any true breakout from the teal triangle corrective pattern to determine which alt counts that is more in favour. Preferably, I'm looking forward for a breakout towards the lower teal triangle trendline and later to the white critical line to bolster the bearish retracement scenario (magenta or yellow). Happy weekends and good luck.

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