Sunday, August 7, 2011

Gbp vs Jpy 1H




At this moment, I'm looking forward for another bullish continuation trend scenario either to complete subwave 5 in yellow, aqua or white. A breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, I believe we may see a truncated scenario of subwave 5 in magenta to perform subcorrective a,b and c. Good luck.