Monday, March 24, 2008

Gbp vs Jpy 1H Update #2


Finally, a retracement continuation trend is confirmed. I believed the price maybe will retrace until fibo 61.8% or a bit more to perform a double top later before start to going down again to complete wave 5 and C. Unless the major bearish critical line is taken, this scenario would stay valid. Please look for a reversal signal from BSTS later. Good luck.

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