Tuesday, September 21, 2010

Gbp vs Jpy 1H


At this moment, I believed market in progress to perform either a bearish retracement trend scenario in white or a bearish reversal trend scenario in magenta, Please be noted that market may perform a right shoulder 1st to complete subcorrective wave b in magenta before another bearish continuation trend. A strong breakout towards the yellow critical line later would bolster to boths scenario. Good luck.

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