Sunday, October 25, 2009

Gbp vs Jpy 1H

At this moment, I'm looking forward for a bullish retracement trend to perform subcorrective wave b either in magenta or white before expecting for another bearish continuation trend scenario to complete subcorrective wave c. A "Head and Shoulder" pattern would bolster to this scenario. Please be careful for any strong bullish retracement trend and a "double top" scenario. Good luck.