Friday, March 7, 2008

Gbp vs Jpy 4H & 1H


Chart 1H - I believed wave 5 and wave iv still not complete yet. I'm looking for a truncated wave 5 later. Or maybe we will see a "Triple Top" later before a Bearish Continuation trend. Unless the price break the major bullish reversal critical line, a Bearish Reversal Continuation idea to complete wave v and c DT would still be valid. Tips - wait for very good reversal signal from BSTS before making any entry.


Chart 4H - I believed wave v and 4 still not complete yet and looking for a bullish continuation later. Looking for a triangle breakout for confirmation. Unless the price breaking the bearish critical line, a Bearish Reversal Continuation would still be valid. Happy trading and good luck.

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