Thursday, June 19, 2008

Gbp vs Jpy 1H Update #1


I believed wave b is already completed and looking forward for a major bearish corrective trend to perform wave c. Please do mind to yourself that wave c consist of subwave 1, 2, 3, 4 & 5. Therefore, I'm looking forward for the making of subwave 1 and 2 today and probably we shall see subwave 3 later tomorrow or next week. Also, please noted that this scenario is invalid if there is a true breakout to the bullish continuation line 1. Please wait for a good bearish continuation signal from BSTS later before making any entry. Good luck.

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