Wednesday, October 8, 2008

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bullish reversal trend later referring to either alt count in magenta or yellow. I believed market in progress either to complete corrective wave b (magenta) or subwave v in 5 (yellow) before expecting a bullish reversal trend. A true breakout of the bullish continuation critical line 2 would bolster this scenario. Otherwise, this scenario would be invalid if there is any true breakout to the magenta critical line which is would favour to the alt count in white. Good luck.

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