Tuesday, May 31, 2011

Gbp vs Jpy 1H



At the moment, I'm looking forward for a potential of bearish retracement trend scenario either to perform corrective wave b in yellow or white. A breakout to the lower yellow trendline would bolster to this scenario. Otherwise, please be careful for another bullish rally and any breakout to the R3 critical line. Good luck.

Monday, May 30, 2011

Gbp vs Jpy 1H


At the moment, market just bounce from the pivot critical line. A strong breakout toward magenta critical line would indicate that market may in progress to perfomr subwave iii either in yellow or aqua. Otherwise, market also have a potential to perform a "pullback" scenario from the upper magenta trendline to perform either corrective wave b in white or wave 5 in magenta. Good luck.

Sunday, May 29, 2011

Gbp vs Jpy & Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At the moment, market have more potential to perform a bearish trend due to the formation of "rising wedge" pattern in magenta. A breakout to the lower magenta trendline would bolster to this scenario. Otherwise, we may see a bullish continuation trend scenario to perform subwave iii either in yellow or aqua.


Gbp vs Usd (Daily) - Preferably, I believe market have a good potential to perform a bearish reversal trend scenario to perform corrective wave c in aqua. A valid "Head and Shoulder" bearish reversal pattern in aqua would bolster to this scenario. Otherwise, please be careful for another bullish rally either to complete a double top of corrective wave b in yellow or the incomplete fo wave 5 in white. Good luck.

Thursday, May 26, 2011

Gbp vs Jpy & Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At the moment, I'm looking forward for a potential of bullish continuation trend scenario refering to the alt count in aqua. Otherwise, a breakout toward the major lower red trendline would favour toward the alt count in magenta scenario.


Gbp vs Usd (Daily) - Preferably, I believe market in progress to complete corrective wave b either refering to the alt counts in aqua (Head and Shoulder) or in yellow (Double Top) before expecting toward a bearish reversal trend scenario to perform corrective wave c. A potential pullback scenario either from Fibo 50%@61.8% or aqua/yellow critical line is still yet remain to be seen. Happy weekend and good luck.


Wednesday, May 25, 2011

Gbp vs Jpy 1H


At the moment, market have to break the upper magenta trendline and R3 critical line to bolster toward the bullish continuation trend scenario to complete subwave iii in yellow. Otherwise, please be extra careful toward a "rising wedge" pattern that would favour for either a bearish retracement trend scenario (aqua or white) or a bearish continuation trend scenario (magenta). Good luck.

Tuesday, May 24, 2011

Gbp vs Jpy 1H



At the moment, market have to break the magenta critical line to bolster toward a potential of bullish reversal scenario either refering to the alt counts in yellow or aqua. Otherwise, please be careful if market falls back and any breakout toward the pivot critical line. Good luck.

Monday, May 23, 2011

Gbp vs Jpy 1H



At the moment, I'm looking forward for a potential of bounce scenario from the lower red trendline to perform subwave iii either refering to the alt counts in yellow or aqua scenario. Otherwise, this potential scenario would invalid if market further break the bearish continuation critical line 1 and 2. Good luck.

Sunday, May 22, 2011

Gbp vs Jpy 1H


At the moment, I'm looking forward for an opportunity toward a bullish reversal trend scenario refering to the alt count in yellow or aqua. A breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful for any breakout toward the pivot critical line and lower red trendline. Good luck.

Thursday, May 19, 2011

Gbp vs Jpy & Gbp vs Usd - Market Overview



Gbp vs Jpy (1H) - Preferably, I believe market in progress to perform a bullish reversal trend scenario either refering to the alt counts in yellow or aqua. A valid "falling wedge" pattern would bolster to this scenario. Otherwise, please be careful for any breakout toward the bearish continuation critical line 1.



Gbp vs Usd (Daily) - Favourably, I'm looking forward for a potential of bullish retracement trend scenario either to perform a "Head and Shoulder" pattern in aqua or a "double top" pattern in yellow before expecting toward a potential of bearish reversal trend scenario to complete corrective wave c. Otherwise, please be careful for any breakout toward the bearish continuation critical line 1. Happy weekend and good luck.

Wednesday, May 18, 2011

Gbp vs Jpy 1H



At the moment, I'm looking forward for a potential of bullish reversal trend scenario refering to the alt count in yellow. A breakout to the pivot and R3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout toward the lower red trendline. Good luck.

Tuesday, May 17, 2011

Gbp vs Jpy 1H


Prefersably, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or white. A breakout toward the upper yellow trendline would bolster to the alt count in yelllow. Otherwise, a pullback would favour toward either the alt counts in white or magenta scenario. Good luck.

Sunday, May 15, 2011

Gbp vs Jpy 1H



At the moment, I believe market have a good potential to perform a bullish reversal trend scenario either refering to the alt counts in yellow or white. A valid "diagonal triangle pattern" and a breakout toward the pivot and R3 critical line would bolster to this scenario. Otherwise, market may perform another bearish continuation trend either refering to the alt counts in aqua or magenta. Good luck.

Wednesday, May 11, 2011

Gbp vs Jpy 1H



At this moment, market already pullback from the magenta critical line. Favourably, I'm looking for a potential of bullish reversal trend scenario refering to the alt count in yellow. A strong bounce either from the pivot or S3 critical line would bolster to this scenario. Otherwise, we may see a "bear trap" scenario in white. Good luck.

Tuesday, May 10, 2011

Gbp vs Jpy 1H



At the moment, a breakout to the R3 critical line is still yet remain to be seen to determine either market in favour toward the alt count in aqua scenario. Otherwise, we may see another bearish trend either to complete corrective wave b (yellow) or corrective wave c (white or magenta). Good luck.

Monday, May 9, 2011

Gbp vs Jpy 1H



Preferably, I'm looking toward an opportunity for bullish reversal trend scenario refering to the alt count in aqua. A breakout to the pivot and R3 critical line would bolster to this scenario. Otherwise, please be careful for any potential of either "bear trap" scenario or bearish continuation trend scenario. Good luck.

Sunday, May 8, 2011

Gbp vs Jpy 1H & Daily


Gbp vs Jpy (1H) - At this moment, a breakout toward the upper green trendline would bolster to the alt count in aqua scenario. Otherwise, we may see another bearish continuation trend scenario to perform the incomplete of corrective wave c either in yellow ("Bear Trap"), white or magenta.


Gbp vs Jpy (Daily) - Preferably, I'm looking forward for an opportunity toward a major bullish reversal trend scenario either refering to the alt count in yellow or white. A strong bounce either from the Fibo Ret critical line 50% or 61.8% would bolster to this scenario. Otherwise, please be careful toward a potential of bearish continuation trend scenario to perform the incomplete or major wave 5 in magenta. Good luck.


Thursday, May 5, 2011

Gbp vs Jpy 1H




At this moment, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in aqua or yellow. Otherwise, we may see another bearish continuation scenario to complete subwave v in magenta. Please be extra careful toward NFP announcement tonight at 8.30pm (GMT +8). Happy weekened and good luck.

Wednesday, May 4, 2011

Gbp vs Jpy 1H



At this moment, I'm looking forward for a potential of "bear trap" scenario refering to the alt count in yellow. A bounce and follow by a breakout toward the pivot critical line would bolster to this scenario. Otherwise, I believe market may perform a bearish continuation trend scenario either refering to the alt counts in aqua or magenta before expecting any potential of bullish reversal trend scenario.

Tuesday, May 3, 2011

Gbp vs Jpy 1H



At this moment, market is more favour toward either refering to the alt counts in aqua or magenta. Another breakout toward the S3 critical line would bolster to this scenario. Otherwise, we may see a "double bottom" bullish reversal scenario refering to the alt count in yellow. Good luck.

Monday, May 2, 2011

Gbp vs Jpy 1H



At this moment, market showed more potential toward a bearish reversal trend scenario refering to the alt count in aqua. A breakout to the bearish continuation critical line 1 would bolster to this scenario. Otherwise, I'm looking forward for a potential of bounce scenario refering to the alt count in yellow. Good luck.