Wednesday, March 28, 2012

Gbp vs Jpy 1H


At the moment, I believe market in progress to perform a bearish retracement trend scenario either to complete wave 4 in white or a major corrective wave B (yellow or aqua). A further breakout to the lower red trendline and the bearish continuation critical line 1 would bolster to this scenario. Good luck.

Tuesday, March 27, 2012

Gbp vs Jpy 4H


At the moment, I'm looking forward for a potential of "Bull Trap" pattern and a bearish reversal trend scenario either refering to the alt counts in yellow or aqua. A breakout to the lower red trendline would bolster to this scenario. Otherwise, I believe we may see another bullish continuation trend scenario in white. Good luck.

Sunday, March 18, 2012

Gbp vs Jpy 4H and Weekly



Gbp vs Jpy (4H) - At the moment, a pullback from the bullish continuation critical line 1 and a breakout toward the lower red trendline would bolster to the alt counts either in yellow or aqua. Otherwise, we may see another extension of wave 5 in white.


Gbp vs Jpy (Weekly) - At the moment, I believe market in progress to perform a major bullish reversal trend scenario either refering to the alt counts in yellow or white. Therefore, I'm looking forward for a potential of a bearish retracement trend opportunity later to perform corrective wave B. Good lucks.

Thursday, March 8, 2012

Gbp vs Jpy 4H


At the moment, I'm looking for an opportunity toward a bearish trend either refering to the alt counts in white or yellow (Bull Trap). A valid "Head and Shoulder" pattern would bolster to this scenario. Otherwise, please be careful for any strong breakout toward the bullish continuatio critical line 2. Happy weekends and good luck.

Wednesday, March 7, 2012

Gbp vs Jpy 4H


At the moment, I'm looking forward for another bearish continuation trend scenario either to complete wave 4 in aqua or yellow. Otherwise, we may see a potential of bearish reversal trend scenario (Head and Shoulder) refering to the alt count in white. Good luck.