Friday, November 28, 2014

Gbp vs Jpy (1H)


At the moment, a valid "ascending triangle" would bolster towards a bullish continuation trend scenario to complete wave 5 either in yellow or aqua. Otherwise, market may break the lower yelllow trendline to perform corrective wave c in white. Good luck.

Wednesday, November 26, 2014

Gbp vs Jpy (1H)


At the moment, I am expecting either a bearish retracement trend scenario or a bearish reversal trend scenario. A breakout toward the lower red trendline would bolster to the alt counts either in aqua or white. Otherwise, we may see market to perform a bull trap in yellow before expecting any potential towards a downturn. Good luck.

Tuesday, November 25, 2014

Gbp vs Jpy (1H)


Preferably, I am looking forward for a "bull trap" diagonal triangle pattern to complete wave 5 in yellow before expecting any potential towards a bearish reversal trend scenario. Otherwise, market may falls to perform corrective wave c in white. Good luck.

Monday, November 24, 2014

Gbp vs Jpy (1H)


At the moment, as long the aqua/yellow critical line remain intact, I believe market will perform another bullish continuation trend scenario either to complete major wave 5 in yellow or aqua. Otherwise, we may see market to perform corrective wave a,b and c in white. Good luck.

Thursday, November 20, 2014

Gbp vs Jpy (Daily)


At the moment, since market already break the bullish continuation critical line 1, I believed market in progress to perform another bullish rally to complete major wave 5. Another strong rally would bolster towards the alt counts in aqua or white. Otherwise, market may start to perform a reversal pattern once 5 in yellow is completed. Good luck.

Tuesday, November 18, 2014

Gbp vs Jpy (1H)



Preferably, I am looking toward a potential of a bearish continuation trend scenario to perform subwave 3 refering to the alt count in white. A valid HnS pattern and a breakout to the aqua critical line would bolster to this scenario. Otherwise, I believe market will going up either to complete a "triple top" in yellow or wave 5 in aqua. Good luck.

Monday, November 17, 2014

Gbp vs Jpy (1H)


At the moment, as long the bearish continuation critica line 1 is remain intact, market have potential going further up either refering to the alt count in white or aqua. Otherwise, I am looking forward market to falls down refering to the alt count in yellow. Good luck.

Friday, November 14, 2014

Gbp vs Jpy (1H)


At the moment, a breakout to the bearish continuation criticla line 1 would bolster towards either refering to the alt count in white or yellow. Otherwise, market may going up again to complete wave 5 in aqua. Good luck and happy weekend.