Tuesday, November 9, 2010

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bullish trend either to complete subcorrective wave b in yellow (Head & Shoulder) or wave 5 either in aqua or white. A bounce from the lower yellow channel would bolster to this scenario. Otherwise, please be careful for a breakout towards the bearish continuation critical line 1. Good luck.

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