Thursday, January 22, 2009

Gbp vs Jpy 1H and Weekly


Chart 1H - At this moment, market already perform a strong breakout to the downside. Basically, I'm looking forward for an opportunity market to complete wave 5 before expecting a bullish reversal trend. A valid an "Inverted Head and Shoulder" pattern would bolster towards either the alt count in white or yellow. But please be careful for any progress to perform an extension of wave 5 in magenta. Please confirm any entry from BSTS later.


Chart Weekly - At this moment, I believed market in progress to perform wave iii in C (yellow or magenta) before expecting a bullish retracement trend to perform corrective wave iv. Preferably, I'm looking forward for any bullish retracement trend referring to the alt count in yellow once wave iii is completed. But please be careful for any extension of wave iii in magenta. Good luck.

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