Tuesday, January 24, 2012

Gbp vs Jpy 1H

At the moment, I'm looking toward a potential of bearish retracement trend scenario either to perform subcorrective wave abc in yellow or subwave 4 in aqua. A "bull trap" pattern and a pullback from upper green channel would bolster to this scenario. Otherwise we may see an extension of subwave 3 in white. Good luck. Gong Xi Fa Cai.