Tuesday, February 24, 2009

Gbp vs Jpy 1H


At this moment, the waves is getting more complicated. Preferably, I'm looking forward for a bearish retracement trend either to complete subwave 2 in yellow or corrective wave b in white. A valid diagonal triangle pattern, bullish trap scenario and a breakout to the lower white trendline would bolster towards the alt count in white. Otherwise market have to make a strong breakout toward the bullish continuation critical line 2 to bolster the alt count magenta (which is look slightly invalid). Please be extra careful. Good luck.

No comments: