Tuesday, August 10, 2010

Gbp vs Jpy & Eur vs Usd - Market Overview

Gbp vs Jpy (1H) - At this moment, I believed market in progress to perform a bearish reversal trend scenario to complete the subcorrective wave c either in white or magenta. Please be careful towards any strong bullish retracement trend scenario perhaps to complete subwave b in magenta or 5 in yellow.

Eur vs Usd (4H) - At this moment, I'm looking forward for a valid "H and S" bearish reversal pattern. Please be careful for any bullish trend either to perform subwave b or ii later. Happy ramadan to sll muslim and good luck.