Tuesday, March 25, 2008

Gbp vs Jpy 1H Update #1


I believed a bullish retracement scenario will be over soon unless we have a true breakout to the bearish critical line and later at the major bullish reversal line. The price could go upwards again to complete the unfinished wave 5 nd IV or its already established. At this moment, I'm still looking for a very good reversal signal from BSTS to confirm the bearish continuation trend later on. Good lucks.

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