Thursday, November 19, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward market to perform another bearish continuation trend scenario to complete either subwave 5 in aqua or subwave iii in white. A further breakout towards the lower red trendline and bearish continuation critical line 2 (146.35) would bolster to this scenario. Otherwise please be careful for any truncated wave 5 scenario refering toward the alt count in magenta. Happy weekends and good luck.