Monday, October 31, 2011

Gbp vs Jpy 4H



Favourably, I believe market in progress to perform subwave 3 either refering to the alt counts in yellow or aqua. A breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, this scenario would be invalid if market further retrace and break the aqua/yellow critical line. Good luck.



Monday, October 24, 2011

Gbp vs Jpy & Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At the moment, I'm looking forward for a bearish continuation trend scenario either to perform subwave 2 in aqua or subwave 3 in magenta. A valid "rising wedge" pattern and a breakout toward the lower red trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the magenta critical line.


Gbp vs Usd (Daily) - Preferably, I believe market in progress to complete a "bull trap" pattern and therefore I'm looking forward market to perform either a bearish continuation trend (subwave 5) scenario in yellow or a bearish retracement trend scenario in aqua (subwave 2). Good luck.


Wednesday, October 19, 2011

Gbp vs Jpy 1H



At the moment, a breakout toward the bullish continuation critical line 1 and 2 is still yet remain to be seen to determine either market in favour to perform a bullish reversal trend scenario in yellow or not. Otherwise, I believe we may see another bearish continuation trend scenario either in aqua or magenta.

Tuesday, October 18, 2011

Gbp vs Jpy 1H


At the moment, I believe market in progress to complete subwave 2 either refering to the alt counts in yellow or aqua before a potential of bullish continuation trend scenario. A bounce from either Fr 50% or 61.8% would bolster to this scenario. Otherwise, we may see market further perform a bearish continuation trend scenario in magenta. Good luck.

Monday, October 17, 2011

Gbp vs Jpy 1H & 4H


Gbp vs Jpy (1H) - At the moment, I'm looking forward for a bearish retracement trend scenario to perform either subwave 2 in yellow or aqua. Otherwise, we may see a LTL bounce and bull trap scenario in white.


Gbp vs Jpy (4H) - Preferably, I'm looking forward for a potential of major bullish reversal trend scenario in yellow. A strong bounce from either FR 50% or 61.8% would bolster to the alt count in yellow scenario. Otherwise, we may see a "triple bottom" scenario. Good luck.

Thursday, October 13, 2011

Gbp vs Jpy 41H



At the moment, I'm looking forward for a potential of bearish retracement trend scenario to complete subwave 2 in yellow. A breakout toward the lower red trendline and follow by a strong bounce either from Fr 50% or 61.8% would bolster to this scenario. Otherwise, please be careful for another bearish continuation trend scenario in aqua or magenta. Good luck.

Wednesday, October 12, 2011

Gbp vs Jpy 1H




Favourably, I believe market in progress to perform a bullish reversal trend scenario to complete subwave 3 in yellow. A further breakout toward the aqua critical line would bolster to this scenario. This scenario would be invalid if market further retrace and break the yellow critical line. Otherwise, we may see a strong retracement trend scenario perhap to complete subwave 2 in aqua. Good luck.


Monday, October 10, 2011

Gbp vs Jpy 1H



At the moment, a breakout toward the aqua lower trendline would bolster to the bearish retracement trend scenario refering to the alt count in yellow. Otherwise, I believe market will perform another bullish continuation trend scenario perhap to complete a "diagonal" triangle" bullish trap pattern in aqua. Good luck.

Sunday, October 9, 2011

Gbp vs Jpy 1H



At the moment, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or aqua. Otherwise, this scenario would be invalid if market break the bearish continuation critical line 2. Good luck.

Thursday, October 6, 2011

Gbp vs Jpy 4H



At the moment, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or aqua. A breakout towards the upper green trendline would bolster to this scenario. Otherwise, please be careful for another extension or major wave 5 in magenta. Happy weekend and good luck.

Monday, October 3, 2011

Gbp vs Jpy 1H



At the moment, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or aqua (double bottom). Otherwise, please be careful for any breakout toward the bearish continuation critical line 2. Good luck.