Wednesday, January 19, 2011

Gbp vs Jpy 1H


At this moment, I believe market in progress to complete either subcorrective wave a in aqua or yellow; OR motive wave 4 in white. Please be noted that I'm expecting market to perform a bullish continuation trend scenario either to complete subcorrective wave b or motive wave 5 in white. A potential "Head and Shoulder" pattern would bolster to the bearish reversal trend scenario either in aqua or yellow. Good luck.