Here is the first chart of this year, just a few hours before the market close and I want to share with you a good setup I found on GBPJPY for this year. So yesterday was the lowest price for the last year and I do hope that low will not be broken in the nearest time.
I am expecting an inverted head and shoulder pattern, then test the first yellow trendline, break there will bring up the price to the green area and test the upper yellow trendline.
As you can see, I already long at GBPJPY and I hope this is a green trade.
Update: GBPJPY 4 January 2011