Tuesday, October 13, 2009

Gbp vs Jpy 1H

At this moment, I'm waiting for a breakout from the teal triangle to determine which alt counts that is more favourable. Preferably, I'm looking forward market to perform another bearish continuation trend scenario either refering to the alt count in white or yellow. Otherwise, if the yellow/white critical line is taken, then I believed market in progress the perform a major wave 2 in magenta. Good luck