Tuesday, September 27, 2011

Gbp vs Jpy 1H & 4H


Gbp vs Jpy (1H) - At the moment, I'm looking forward for a potential of bearish retracement scenario to complete subcorrective wave b in yellow before expecting for another bullish continuation trend scenario. Otherwise, we may see another bullish continuation trend scenario in white.


Gbp vs Jpy (4H) - Preferably, I'm looking forward for a formation of potential "Inverted Head n Shoulder" pattern in yellow that would favour toward a bullish reversal trend scenario. Otherwise, we may see another strong bearish continuation trend scenario in magenta. Good luck.