Wednesday, May 14, 2008

Gbp vs Jpy 1H Update #2


Since the price already break the 203.70 therefore, my previous yellow count already invalid and I need to revise the preferable count again as stated in the chart. I believed wave 4 shall be completed soon and favourably to see for another bearish continuation in order to complete wave 5 later by this week.
Do remember this scenario would only still valid as long my retracement critical line still intact. Therefore, please also study the alternate count in white. Good luck.
Tips - look for a bearish continuation signal from BSTS 3 later with condition the scenario would still valid.

No comments: