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I will be back after World Cup 2010. Good luck.

regards.

Jebatfx

Gbp vs Jpy 1H

Refering to the current structures and pattern, more likely I believed market have to perform a bearish trend 1st before making any further decission either another will carry on a bull trend or a bear trend. Please be careful for any "bull trap" or a "false breakout" towards the bullish continuation critical line 2. Good luck.

Gbp vs Jpy 1H

Favourably, I'm looking forward for a possibility towards a bearish trend either to perform subwave 2 in yellow or subwave 3 in magenta. This scenario would be invalid if market further break the bullish continuation critical line 1 and 2. Due to that if do happen, then we may see a strong bullish continuation trend scenario to perform subwave 3 refering to the alt count in white. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a "pullback" scenario from the R3 critical line to bolster to the alt counts either in white or magenta. Otherwsie, we may see another bullish continuation trend scenario refing to the alt count in yellow if the bullish continuation critical line 3 is taken. Good luck.

Gbp vs Jpy 1H

At this moment, a breakout either towards the R3 or S3 critical line is still yet remain to be seen to determine which alt counts that is more in favour. Preferably, I'm still looking forward for a bearish continuation trend scenario either in magent or aqua. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a "pullback" scenario from the pivot critical line to complete either the diagoanal triangle reversal pattern in white or a further bearish continuation trend refering to the alt count in magenta. Otherwise, please be careful for any breakout to the upper green trendline and R3 critical line. Good luck.

Gbp vs Jpy 1H

Preferably, I believed market just completed the subwave 4 either in white or magenta. Therefore, I'm expecting for another bearish continuation trend scenario either to complete a double bottom of wave 5 in white or another further extension refering to the alt count in magenta scenario. Otherwise, please be careful for any breakout to the bullish continuation critical line 1. Good luck.

Gbp vs Jpy 1H

At this moment, I believed market in progress to complete subwave 3 either refering to the alt counts in white (double bottom ?) or magenta. Please be careful towards a bullish retracement trend scenario later to perform subwave 4 either in white or magenta. A breakout to the bearish continuation critical line 1 would indicate that we may see an extension of subwave 3 in magenta. Otherwise, please be careful for any bounce scenario. Good luck.

Gbp vs Jpy - Quick Overview

Summary - I believed market will perform a bearish reversal trend. So just get ready for that. Happy weekends and good luck

Gbp vs Jpy 1H

Favourably, I believed market will perform a bearish continuation trend scenario either to perform subcorrective wave b in white or subwave 5 in magenta. Otherwise, we may see another bullish trend to complete subwave 5 in yellow before expecting for a minor bearish reversal trend scenario. Please be extra careful towards the NFP announcement tomorrow. Good luck

Gbp vs Jpy 1H

Favourably, I believed market just performed a "bull trap" scenario and therefore I'm looking forward for a pullback scenario either to perform subcorrective wave b in white or wave 5 in magenta. Otherwise, please be careful for further breakout towards the magenta critical line. Good luck.

Gbp vs Jpy 1H

Preferably, I'm looing for another bearish continuation trend scenario refering to the alt subwave count in aqua. A valid "rising wedge" pattern and follow by a breakout towards the yellow critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the aqua critical line. Good luck.