Tuesday, December 22, 2009

Gbp vs Jpy 1H


Please be noted that the previous alt count in white is already invalid. Favourably, I believed market just performed a "bull trap" scenario which consist of a corrective abcde in diagonal triangle pattern. Therefore, I'm still looking for a possible bearish trend to be perform later. Otherwise, please be careful for any breakout towards the upper green trendline and magenta critical line. I also would like to take this opportunity to wish everybody a very Merry Christmas and a Happy New Year. See you all and I'll be back after holidays. Take care....

Monday, December 21, 2009

Gbp vs Jpy 1H


Favourably, I'm looking forward for a bearish trend to perform subwave iii in white. Otherwise, please be careful for any breakout towards the upper green trendline and possibility to a "bull trap" scenario in magenta. Good luck.

Friday, December 18, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for another bearish trend either sub corrective wave b in aqua or an extension of subwave iii in white. Selamat menyambut Maal Hijrah to all muslim and happy weekends.

Thursday, December 17, 2009

Gbp vs Jpy 1H


Please be noted that the previous alt count in magenta is already invalid. At this moment, I believed market just performed a "bull trap" scenario which is a typical trap happen in diagonal triangle (rising wedge) pattern. Therefore, I'm looking forward for a pullback from the upper yellow trendline and further breakout towards the lower yellow trendline. Otherwise, please be careful for any breakout towards the bullish continuation critical line 1. Good luck.

Wednesday, December 16, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a pullback scenario from the yellow upper trendline for a bearish continuation trend. A valid rising wedge pattern and a breakout towards the lower red and yellow trendline would bolster to this scenario. Otherwise, please be careful for any further bullish rally perhap to perform a bull trap scenario. Good luck.

Tuesday, December 15, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a completion or subwave 2 in aqua before expecting for another bearish continuation trend scenario to perform subwave 3, 4 and 5. A pullback from the upper green trendline and later a breakout to the S3 critical line would bolster towards this scenario. Otherwise, please be careful for any breakout towards the green upper trendline and aqua/magenta critical line. Good luck.

Monday, December 14, 2009

Gbp vs Jpy 1H


Preferably, I believed market in progress to complete wave v in magenta. But please be extra careful for any bullish retracement trend to perform subwave 2 in aqua. Otherwise, please be careful for any breakout towards the pivot critical line. Good luck.

Friday, December 11, 2009

Gbp vs Jpy 1H


At this moment, preferably I believed market in progress to complete subcorrective wave e/iv in magenta before expecting for another bearish continuation trend scenario to perform subwave v. A valid rising wedge bearish continuation pattern would bolster towards this scenario. Therefore, advisable to look for a bearish continuation entry signal from BSTS later. Otherwise, we may see a bullish continuation trend to complete subcorrective wave c/2 in white. Happy weekends and good luck.