Tuesday, March 11, 2008

Gbp vs Jpy 1H Update


Price already retrace up to complete wave 4 and later going down back to complete wave 5. But if the price continue to go up and break the bullish reversal critical line, this count will be invalid. A bearish continuation will be confirm once the price break to lower triangle trendline. Otherwise, the alt count (white) will take place if the "triple bottom" still valid later on. Good luck.

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