Monday, December 20, 2010

Gbp vs Jpy & Usd vs Cad - Market Overview


Gbp vs Jpy (1H) - Favourably, I believe market will perform a bullish reversal trend scenario either refering to the alt counts in yellow or white. A valid "Falling Wedge" pattern would bolster to this scenario. Otherwise, please be careful for another "bearish trap" scenario or another strong bearish continuation trend scenario perhap to complete subwave 3 in aqua.


Usd vs Cad (Daily) - Preferably, I'm looking forward for a potetial major bullish reversal trend scenario either refering to the alt counts in yellow or white. A valid "Diagonal Triangle" reversal pattern would bolster to this scenari. Otherwise, please be careful for any breakout towards the white/yellow critical line. Good luck.