Sunday, July 25, 2010

Gbp vs Jpy 1H

At this moment, the alt count in magenta is already invalid. Therefore, I believed market in progress either to complete subwave 5 in white or subwave 3 in yellow. We may see a "double top" scenario either at the bullish continuation critical line 1 or 2 before expecting for any reversal (white) or retracement (yellow) trend scenario. Good luck.