Thursday, November 6, 2008

Gbp vs Jpy 1H Update #1


At this moment, market already make a breakout to the lower red trendline but so far, the white critical line still stay intact. I'm still looking forward for a strong breakout to the white critical line to bolster the bearish continuation trend scenario. Otherwise, we may see a bullish reversal trend referring to the alt count in white. Please be extra careful for tomorrow NFP announcement 9.30pm (GMT +8). Good luck

Gbp vs Jpy 1H


At this moment, market already break the lower red trendline and I'm looking forward to see a further breakout to the white critical lines to bolster the bearish continuation trend sceanrio to complete subwave 5 eiher in magenta (impulsive) or yellow (truncated). But please be careful for any bullish reversal trend referring to the alt count in white. Good luck.

Wednesday, November 5, 2008

Gbp vs Jpy 1H Update #1


Please be noted that I did some recount and I'm looking forward for any breakout to determine which alt counts is more favourable. Therefore, please watch closely all critical lines. Preferably, I'm looking for a true breakout to the lower red trendline. Good luck.

Gbp vs Jpy 1H


At this moment, I'm looking forward for a true breakout to the lower red trendline to bolster the bearish continuation trend scenario (yellow or magenta). Another breakout to the bearish continuation line 2 and later the major bearish continuation critical line 1 would confirm this scenario. Otherwise, please be careful for any possibility referring to the alt count in white. Good luck.

Tuesday, November 4, 2008

Gbp vs Jpy 1H Update #1


At this moment, market still inside the teal triangle and I'm looking forward for any breakout to confirm which alt count is more favourable. I believed market in progress to complete subwave 2 (cyan) before expecting for another bearish continuation to complete either a truncated major wave 5 (yellow) or an impulsive major wave 5 (magenta). A strong breakout to the lower red trendlines would bolster this scenario. Otherwise, please be careful for a breakout to the upper green trendline and later to the magenta/yellow critical lines which would favour to the alt count in white. Good luck.

Gbp vs Jpy 1H


I believed market in progress to complete wave 5 either a truncated wave (yellow) or an impulsive wave (magenta). A further breakout to the downside trend would bolster this scenario. Please be extra careful for any possibility a bullish reversal trend referring to the alt count in white. Please analyse latest updated critical lines. Good luck.

Monday, November 3, 2008

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward to see a further bearish continuation trend either to perform a truncated subwave v in 5 or an impulsive subwave v in 5. A breakout to the major lower red trendlines would bolster this scenario. Otherwise we may see a bullish reversal trend referring to the alt count in white. Please watch closely all critical lines and trendlines. Good luck.

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bullish retracement trend to complete subwave ii before expecting f0r another bearish continuation to perform subwave iii in 5. Please be noted that wave 5 could be a truncated wave (yellow) or an impulsive wave (magenta). As long as both magenta/yellow critical lines and major bullish continuation critical line stay intact, this scenario would be valid. Meanwhile, a breakout to both critical lines woul favour to the alt count in white. Good luck.