Thursday, June 9, 2011

Gbp vs Jpy 1H



At the moment, a potential of bullish reversal trend scenario is still yet remain to be seen. A breakout toward the aqua upper trendline is needed to determine that scenario is in favour. Otherwise, I believe we may see another bearish continuation trend scenario either to perform a "bear trap" pattern in aqua or further down to complete major wave v in magenta. Good luck.

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