At this moment, price already break the lower red trendline but the support critical line at 131.713 still remain intact. Favourably, I'm looking forward for a further bearish continuation trend scenario to complete subwave iii in magenta. Otherwise, this scenario is invalid if the price break the magenta critical line later. Good luck.
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Wednesday, September 29, 2010
Tuesday, September 28, 2010
Gbp vs Jpy and Aud vs Cad - Market Overview
Gbp vs Jpy (1H) - At this moment, please be extra careful towards a "ascending triangle" bullish continuation trend pattern that would bolster to the alt count in yellow. Favourably, I'm looking forward for a breakout towards to the lower red trendline to perform corrective wave c in magenta.
Aud vs Cad (Daily) - Preferably, I believed the bullish trend is already exausted and therefore, I'm looking towards a major bearish reversal trend scenario to perform 5 bearish wave structure in C later. A valid "triple top" bearish reversal trend pattern would bolster to this scenario.
Aud vs Cad (4H) - At this moment, I believed market just performed a "throw-over" (bullish trap) pattern refering to the alt count in yellow. Otherwise, we may see another weak bullish rally to complete the unfinish of wave 5 in white (bull trap). Advisable to look for an opportunity towards a major bearish reversal trend entry from BSTS later. Good luck.
Monday, September 27, 2010
Gbp vs Jpy 1H
Preferably, I'm looking forward for a bearish reversal trend scenario either in magenta or yellow. A strong breakout towards the pivot critical line would bolster to the alt count in magenta. Otherwise, another bullish rally may refering to the completion of truncated wave 5 in yellow (double top) before any opportunity towards a bearish reveral trend scenario. Good luck.
Friday, September 24, 2010
Gbp vs Jpy, Eur vs Usd, Aud vs Usd & Aud vs Cad - Market Overview
Gbp vs Jpy (1H) - Preferably, I believed market will perform a bullish continuation trend later either to perform sub b in aqua or subwave in yellow.
Eur vs Usd (4H) - Favourably, I believed market in progress to perform either a bearish reversal trend scenario (white or magenta) or a bearish retracement trend scenario to complete subwave iv in yellow. A "Head and Shoulder" reversal pattern at 1H timeframe (naked) would bolster to this scenario.
Aud vs Usd (Daily) - At this moment, I'm looking towards a bearish reversal trend opportunity refering to the alt counts either in white or magenta. Otherwise, we may see another exausted bullish rally to complete a "double top" of wave 5 before a possible bearish reversal trend scenario.
Aud vs Cad (Daily) - Preferably, I'm looking forward for a valid "Triple Top" bearish reversal trend scenario either in white or yellow. A valid "Throw-over" pattern would bolster to this scenario. Therefore, advisable to look for a bearish reversal entry signal from BSTS later. Happy weekends and good luck.
Thursday, September 23, 2010
Gbp vs Jpy 1H
Wednesday, September 22, 2010
Gbp vs Jpy 1H
At this moment, I'm expecting for a bullish continuation trend scenario either to perform corrective wave b in magenta or wave 5 either in yellow (truncated) or in white. Otherwise, please be careful for another bearish retracement trend scenario perhap to complete the unfinish of wave 4 in white. Good luck.
At this moment,
Tuesday, September 21, 2010
Gbp vs Jpy 1H
At this moment, I believed market in progress to perform either a bearish retracement trend scenario in white or a bearish reversal trend scenario in magenta, Please be noted that market may perform a right shoulder 1st to complete subcorrective wave b in magenta before another bearish continuation trend. A strong breakout towards the yellow critical line later would bolster to boths scenario. Good luck.
Monday, September 20, 2010
Gbp vs Jpy 1H, Aud vs Usd & Aud vs Cad - Market Overview
Gbp vs Jpy (1H) - At this moment, I'm looking forward for either a bearish retracement trend scenario in white to perform wave 4 or a bearish reversal trend scenario to perform corrective wave a. b and c in magenta. A reversal formation of a H and S later would bolster towards the alt count in magenta. Otherwise, please be careful for another bullish continuation trend in yellow.
Aud vs Usd (Daily) - At this moment, I'm looking forward for a possible triple top scenario either in white or magenta. Therefore, please be careful for a possible "bull trap" scenario later. A strong pullback and follow by a breakout towards the lower red trendline would bolster to this scenario. Otherwise, please be careful another bullish rally perhap to complete a "double top" of wave 5 in yellow.
Aud vs Cad (Daily) - At this moment, I believed market in progress to complete subwave 5 either in white or yellow before expecting for a major bearish reversal trend scenario. Therefore, advisable to look towards any potential bearish reversal entry from BSTS 3 later. Please be careful for a possible "bull trap" pattern later. Good luck.
Friday, September 17, 2010
Gbp vs Jpy & Eur vs Usd - Market Overview
Gbp vs Jpy (1H) - At this moment, I'm looking for an opportunity towards either a bearish retracement trend scenario to perform subwave 4 in white or a bearish reversal trend scenario in magenta (truncated). Otherwise, we may see a bullish continuation trend scenario to perform a "diagonal triangle" pattern or wave 5 in yellow.
Eur vs Usd (4H) - I believed market in progress to complete a "bull trap" scenario refering to the alt count in white. Therefore, I'm looking towards a bearish reversal opportunity later to perform subwave c either in white or magenta. Otherwise, please be careful towards a "double top" corrective wave b scenario in yellow. Happy Hari Raya and good luck.
Monday, September 6, 2010
Gbp vs Jpy & Eur vs Usd - Market Overview
Gbp vs Jpy (1H) - At this moment, price just performed a strong falls back from the fibo 61.8% critical line, therefore, the bullish reversal trend scenario would still remain in doubt. Due to that scenario, I believed and looking forward for another bearish continuation trend scenario refering to the alt count in magenta.
Eur vs Usd (4H) - Preferably, I'm looking for a major bearish reversal trend scenario to complete corrective wave c either refering to the alt count in white or aqua. A valid rising wedge pattern would bolster to this scenario. Please be careful for a possbile "bull trap" pattern later. Good luck.
I also would like to take this opportunity to wish all muslim a very happy, prosperous and great meaningful Hari Raya Aidilfitri. "Maaf Zahir & Batin jika selama ini ada tersinggung or terkasar bahasa". Careful driving and have a safe journey. See you all next week.
Friday, September 3, 2010
Gbp vs Jpy 1H
At this moment, a strong bounce from the yellow critical line and follow by a breakout towards the bullish continuation critical line 1 would bolster to the "bullish reversal" trend scenario refering to the alt count in yellow. Otherwise, please be careful for any breakout towards the yellow critical line. Also, please be extra careful for NFP announcement tonight. Happy weekends and good luck.
Thursday, September 2, 2010
Gbp vs Jpy 1H
Wednesday, September 1, 2010
Gbp vs Jpy 4H
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