Wednesday, June 18, 2008

Gbp vs Jpy 1H Update #1


I believed subwave 5 in wave a is already completed and looking forward for a minor bullish corrective a, b & c (cyan) to complete wave b (magenta/yellow). At this moment, price still inside the teal triangle and advisable to wait for another good entry signal from BSTS later within this few days. Please watch closely the new bearish bias price channel and the other critical lines as stated in the chart. Good luck.

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