Thursday, March 3, 2011

Gbp vs Jpy 1H

Favourably, I'm looking forward for a potential bullish continuation trend scenario either refering to the alt counts in yellow or white. A strong breakout to the R3 critical line would bolster to this scenario. Otherwise, we may see a pullback scenario (bearish reversal) to complete sub corrective wave c in aqua. Please be extra careful toward the NFP announce tonight at 9.30pm (GMT +8). Happy weekend and good luck.