Tuesday, January 6, 2009

Gbp vs Jpy 1H Update #1


At this moment, I believed market in progress to complete corrective wave a (yellow or white) before expecting a bearish retracement to perform corrective wave b. But please be careful since the magenta critical line still intact and any breakout to the lower red trendline. Good luck.

Gbp vs Jpy 1H


At this moment, the magenta critical line still intact and favourably, I'm looking forward for any retracement trend to perform a corrective wave b referring to the alt count in yellow. A further bullish continuation trend would bolster towards the alt count in white. But, please be careful for any bearish continuation trend referring to the alt count in magenta. Good luck.

Monday, January 5, 2009

Gbp vs Jpy 1H Update #1


At this moment, price already break the bullish continuation critical line 1 and still moving inside the bullish channel trendlines. Preferably, I believed market in bullish reversal trend and I'm looking forward for a bullish continuation trend referring to the alt counts in yellow. But please be careful for any breakout to the lower red trendline (white or magenta). Good luck.

Gbp vs Jpy 1H


I believed market in progress to perform a bullish reversal trend either referring to the alt count in yellow or white. But please be careful for any breakout towards the white critical line which would favour to the alt count in magenta. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck.

Friday, January 2, 2009

Gbp vs Jpy 1H Update #1


At this moment, I believed market in progress either to complete corrective subwave b in yellow or white before expecting for another bullish continuation trend to complete corrective subwave c in a as long the white/yellow critical line is remain intact. But, please be careful for any breakout to the major bearish continuation critical line (magenta). Good luck.

Euro vs Usd Quick Update 4H


Just a quick update about EU as per requested. Overall, I'm looking forward for any possibility towards the bullish continuation trend either to complete a double top truncated wave 5 (white) or an impulsive wave 5 in yellow. As long the lower red trendlines is remain intact, I believe we shall another bullish continuation trend scenario. Otherwise if the lower red trendline and if later the fibo retracement 61.8% is taken, then the alt count in magenta is in favour. Good luck.

Gbp vs Jpy 1H


At this moment, favourably either I'm expecting a bearish retracement to perform corrective subwave b in yellow or we shall see a further bullish continuation to perform corrective subwave b in white. A breakout to the bullish continuation critical line 1 would bolster towards the alt count in white. Otherwise, please be careful for any bearish continuation trend referring to the alt count in magenta. Good luck and happy weekends.

Thursday, January 1, 2009

Gbp vs Jpy 1H


At this moment, price already made a breakout to the upper green diagonal triangle trendline but is it a true or only a false breakout ? A further breakout to the bullish continuation critical line 1 would bolster the bullish reversal trend scenario (yellow or white). Otherwise please be careful for any breakout to the major bearish continuation critical line (magenta). Good luck.