Tuesday, February 1, 2011

Gbp vs Jpy 1H

At this moment, I believe market in bullish continuation trend scenario either to complete corrective wave b (yellow or aqua) or motive wave 5 (white). A breakout toward the S3 critical line would bolster to the alt count in yellow bearish reversal trend scenario. Otherwise, we may see a bullish continuation trend scenario to complete subwave v in aqua or subwave iii in white. I hereby also would like to take this opportunity to wish a Happy Chinese New Year 4709, wish u and your family a year filled with prosperity, good health and happiness. Happy holiday and good luck.