Tuesday, April 22, 2008

Gbp vs Jpy 1H Update #1


I’m still waiting for a bullish reversal signal from BSTS. Therefore, I indicates the suggested possible bullish reversal count for wave 5 later if VALID which is either the cyan or magenta count. Please make a long entry only if there is a good signal from BSTS. Otherwise, we may see further bearish continuation later. Also just to remind, wave 5 could be a truncated wave (yellow/magenta count). So its not necessarily if the price start to bullish soon, it will follow the white/cyan count. Good luck.

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