Thursday, April 19, 2012

Gbp vs Jpy 41H

Favourably, I'm looking toward a potential of bearish reversal trend scenario in yellow. A valid "Head and Shoulder" pattern and a pullback from the Fib Ret 61.8% would bolster to this scenario. Otherwise, I believe we may see another bullish rally either refering to the alt counts in aqua or white. Good luck.

Thursday, April 12, 2012

Gbp vs Jpy 4H

At the moment, I'm expecting another bearish continuaiton trend scenario either to complete wave 4 in white or corrective wave c either in yellow or aqua. Otherwise, please be careful toward any potential of strong breakout to the upper green trendline. Good luck.

Monday, April 2, 2012

Gbp vs Jpy 1H

Favourably, I believe market in progress to complete a "bull trap" pattern eithr refering to the alt counts in yellow or aqua. A pullback from aqua/yellow critical line or a false breakout would bolster to this scenario. Therefore, I'm looking for an opportunity toward a bearish retracement trend scenario to complete corrective wave c. Otherwise, please be careful for another extension of subwave v/5 in white. Good luck.