Sunday, October 12, 2014

Gbp vs Jpy (1H) & Daily



Gbp vs Jpy (Daily) - Favourably, a valid ascending triangle in yellow would bolster toward a bullish continuation trend scenario to perform another motive subwave iii, iv and v in yellow. Otheriwse, we may see a valid bull trap pattern to complete a reversal trend scenario to complete corrective a, b and c either refering to the alt count in white or aqua.



Gbp vs Jpy (1H) - Preferably, I am looking toward a potential of bullish continuation trend scenario either to perform subwave iii in yellow or corrective wave b in aqua. Otherwise, we may see another bearish continuation trend scenario to complete subwave 5 in white.

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