Wednesday, November 28, 2012

Gbp vs Jpy (1H) & Eur vs Jpy (1H)

Gbp vs Jpy (1H) - Favourably, I'm looking toward an opportunity of bearish reversal trend scenario either to perform corrective wave c in yellow or white. A breakout toward the bearish continuation critical line 1 and 2 would bolster to this scenario. Please be careful for another bullish rally to complete wave 5 in aqua.

Eur vs Jpy (1H) - At the moment, a breakout to the lower red trendline would bolster to the bearish reversal trend scenario either in yellow or white. Otherwise, we may see another bullish continuation trend to complete wave 5 in aqua. Good luck.