Thursday, August 19, 2010

Gbp vs Jpy 1H


At this moment, a breakout to the yellow critical line would indicate that we may see another bearish continuation trend scenario to complete either subwave v in magenta or white. Otherwise, a breakout to the magenta/white critical line would indicate that market may already in bullish reversal trend scenario to perform subcorrective wave c in yellow. Happy weekends and good luck.