Thursday, February 28, 2008

Gbp vs Jpy 1H


I believed the price will make a retracement again to perform a "Head & Shoulder" pattern before start to DT again to complete wave c. Or another count is there will be a Bearish Continuation to complete wave c (a b c in white). Unless the price break the upper DT trendline, the Bearish Reversal speculation would still be valid. Preferable - A Retracement before another Bearish Continuation

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