Sunday, April 17, 2011
Gbp vs Jpy 1H & Daily
Gbp vs Jpy (1H) - At this moment, I'm looking forward for a potential of futher bearish continuation trend scenario either to complete wave 4 in white or corrective wave C in yellow. A breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful for another bullish continuation trend scenario in aqua.
Gbp vs Jpy (Daily) - Preferably, I believe market in bearish retracement trend scenario either to complete subwave 3 in white or subwave 2 in yellow before expecting toward another majir bullish continuation trend scenario to complete major corrective wave a. Otherwise, please be careful for a potential of magenta scenario. Good luck.