Sunday, July 31, 2011

Gbp vs Jpy 1H

At the moment, market have good potential to perform a bullish reversal trend scenario either refering to the alt counts in white or aqua. A further breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, I believe market may perform another "pullback" scenario to complete corrective wave b in yellow. Happy Ramadan and good luck.