Monday, August 31, 2009

Gbp vs Jpy and Gbp vs Usd - Market Overview

Gbp vs Jpy (1H) - At this moment, I'm looking forwards for a further bearish continuation scenario either in white, yellow or magenta. Please be extra carefil since market may perform a strong bullish retracement trend to perform wave 2 in white before expecting for another bearish continuation scenario. Favourably, I believed market is already in progress to perform major wave 5.


Gbp vs Jpy (Daily) - Market is already break the lower red trendline therefore, I believed market is already in progress to perform another bearish rally towards to complete major wave 5 in C. Please be noted that market have a possibility to perform a bullish retracement trend to complete wave 2 in white. Also please be careful for any bounce scenario towards the bearish continuation critical line 1.


Gbp vs Usd (Daily) - Preferably, I'm looking forward for a bearish reversal (yellow) trend or a bearish continuation (magenta) trend scenario to perform either corrective a, b and c in yellow or magenta. Please be careful for any possibility towards bullish retracement scenario refering to the alt count in magenta. Adviseable to look for any bearish entry opportunity from BSTS later.


Gbp vs Usd (Weekly) - I believed market already complete either major wave 4 in magenta or corrective wave C in yellow. Therefore, favourably I'm expecting market to perform another bearish trend scenario. Good luck.

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