Tuesday, January 29, 2013

Gbp vs Jpy (1H)


Preferably, I am looking for an opportunity of bearish continuation trend scenario to perform subwave iii, iv and v refering to the alt count in white. A breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful since market also have potential to perform another bullish rally to complete a bull trap of wave v/5 in yellow. Good luck.