Monday, September 28, 2009

Gbp vs Jpy 1H & Daily


Chart 1H - Preferably, I'm looking forward for any bullish retracement trend refering to the alt subwave count in aqua before expecting for another bearish continuation trend to complete subwave v (aqua) in either wave 3 in white or wave 5 in yellow. A pullback from the pivot and a breakout to the bearish continuation critical line 3 later would bolster toward this scenario. Otherwise, please be careful for any strong bullish retracement trend to perform major wave 2 in magenta.


Chart Daily - I believed market in progress to complete major wave 5 either in yellow, white or magenta. Therefore, advisable to look for any opportunity towards a bearish continuation entry signal from BSTS later. But, please be careful for any strong bullish retracement trend in magenta (any breakout towards the aqua critical line) or a trucated major wave 5 scenario in yellow. Good luck and "selamat hari raya aidilfitri, maaf zahir batin".

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