GBPJPY 15 January 2011

[ad#328-x-300-adsense-text]

Weekly chart, maybe at least three bullish weekly candlestick will exist to create three soldiers. Then reverse for sub wave 4 in major wave 1. The price may test 133 as triple top, which was high in December 2010. Break 133 will test 134.20 level which represent November 2010 high.

Below is weekly chart on GBPJPY.

Lets the chart talk. Magenta trendline are all the resistance.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>