Monday, May 3, 2010

Gbp vs Jpy 1H

Please be noted that the previous alt count in white is already invalid. For the moment, I'm looking for an opportunity towards a pullback scenario form the R3 and upper green trendline critical line refering to the alt count in aqua. Otherwise, we may see a double top scenario (magenta) or see another strong bullish continuation trend scenario refering to the alt count in yellow. Good luck.