Wednesday, March 17, 2010

Gbp vs Jpy and Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I believed market just perform a bullish trap scenario and looking forward for a bearish continuaiton trend scenario, perhaps to perform subwave 1 in aqua. Otherwise, please be careful for another breakout towards the upper green trendline.


Gbp vs Jpy (Daily) - Preferably, I'm looking forward for a major bearish continuation trend scenario either refering to the alt counts in white or magenta. Otherwise, please be careful towards a truncated scenario refering to the alt count in yellow.


Gbp vs Usd (Daily) - Favourably, I believed market will perform another bearish continuation trend either refering to the alt count in magenta or yellow. Otherwise, please be careful for any breakout towards the yellow critical line. Good luck.