Wednesday, November 10, 2010

Gbp vs Jpy 1H

At this moment, please be noted that the previous alt counts in yellow and white was already invalid. A further breakout toward the aqua critical ine would indicate that market may in progress to complete subwave v in white before expecting for any potential toward a bearish reversal trend scenario. Otherwise we may see a "bearish retracement trend" scenario either to perform subwave iv in yellow OR a "bearish reversal trend" scenario to perform subcorrective wave a, b and c in aqua. Good luck.