Monday, February 7, 2011

Gbp vs Jpy 1H


At this moment, I'm looking forward for a potential bull trap scenario to complete subwave v/b in yellow before expecting toward a potential of bearish reversal trend scenario. Please be noted that market also have strong potential toward a another bullish continuation trend scenario to complete subwave 3 in 5 refering to the alt count in white. A valid "ascending triangle" bullish continuation pattern would bolster to this scenario. Good luck.

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