Thursday, February 24, 2011

Gbp vs Jpy 1H


At this moment, I believe market in progress to perform a bull retracement trend scenario either to complete wave 4 in white or subwave a in yellow. A pullback from the fibo 50% or 61.8% would bolster to either a bearish continuation trend scenario either to complete wave 5 in white or subcorrective wave b in yellow. Otherwise, please be careful for any potential toward the aqua alt count scenario. Good luck.