Thursday, July 28, 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 white. A breakout to the upper green trendline and R3 critical line would bolster to this scenario. Otherwise, I believe we may see another bearish continuation trend scenario either to complete corrective wave b in aqua or wave 5 in yellow. Happy weekend and good luck.