Tuesday, March 29, 2011

Gbp vs Jpy 1H

At this moment, I believe market in progress to complete subcorrective wave b either refering to the alt counts in yellow (HnS) or aqua (double top/bull trap). Therefore, I'm looking forward for a potential of bearish reversal trend scenario to perform subcorrective wave c later. Otherwise, this scenario will be invalid if market perform a strong breakout to the aqua/yellow critical line. Good luck.