Monday, March 17, 2008

Gbp vs Jpy 1H


I believed the price will start to retrace in making wave iv soon. At this moment, the price still in strong DT but already shows some resistance to make any continuation. A breakout to the upper green trendline would bolster this idea. Please study carefully all the trendline, critical line and the alt count before you making any decission for an entry. Wait for a complete signal from BSTS 2 before making any entry. Preferable - Retracement.

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