Tuesday, November 30, 2010

Gbp vs Jpy 1H

At this moment, I believed market will perform another bearish continuation trend scenario either to complete subcorrective wave b in aqua or subwave v/5 in white (bear trap) before expecting for a potential bullish reversal trend scenario. Please be careful for any breakout towards the white critical line. Otherwise, we may see a further bullish retracement trend scenario to perform subwave 2 in yellow. Good luck.