Wednesday, January 12, 2011

Gbp vs Jpy 1H

At this moment, I'm looking forward for either a bearish retracement trend scenario to perform subwave iv (aqua or yellow) or a bearish reversal trend scenario to perform subcorrective wave a in white. Please be noted that market have potential to perform a bullish continuation trend scenario either to complete subwave v in aqua (diagonal triangle pattern) or subwave v in yellow before expecting for a reversal. Good luck.