Monday, June 7, 2010

Gbp vs Jpy 1H

Preferably, I believed market just completed the subwave 4 either in white or magenta. Therefore, I'm expecting for another bearish continuation trend scenario either to complete a double bottom of wave 5 in white or another further extension refering to the alt count in magenta scenario. Otherwise, please be careful for any breakout to the bullish continuation critical line 1. Good luck.