Thursday, November 18, 2010

Gbp vs Jpy 1H

At this moment, please be noted that the previous alt counts in yellow and aqua is already invalid. Favourably, I believed market just performed a "bull trap" scenario and therefore, I'm looking towards a potential bearish reversal trend either refering to the alt count in aqua or white. Otherwise, I believed we shall see another bullish rally perhap to complete a "diagonal triangle" reversal pattern in yellow. Happy weekends and good luck.