Tuesday, March 18, 2008

Gbp vs Jpy 1H


At the moment, price moving inside the teal correction triangle. I believed maybe the price will perform a triple bottom later before going upwards again to complete wave 3 4 5 c and iv. Otherwise if the bottom bearish continuation critical has been a true breakout, the we may seems to see a beraish continuation to complete wave V and 5. Preferable - Retracement to complete wave iv. Please be patient and wait for a complete signal from BSTS before making any entry. Good luck

No comments: