Sunday, January 23, 2011

Gbp vs Jpy 1H

At this moment, I'm looking forward for an opportunity toward a bearish reversal trend scenario refering to the alt count in aqua or yellow. A breakout to the yellow lower trendline and pivot critical line would bolster to the aqua scenario. Otherwise, please be careful for another bullish continuation trend or "bounce" scenario either to perform a "bull trap" of subcorrective wave b in yellow or major wave 5 in white. Good luck.