Tuesday, June 17, 2008

Gbp vs Jpy 1H


At this moment, market either in retracement phase to complete subwave iv before another bullish continuation to complete subwave v (white) OR already in bearish reversal trend to complete wave a (magenta). I'm looking forward for a breakout to the lower descending teal triangle to bolster either to the retracement or bearish reversal scenario. Please noted that a breakout to the bearish reversal bias line would favourably to the alt count in magenta. Therefore, please take notes all the importants critical line and confirm any preferable trend from BSTS signal. And don't forget to protect and manage your entry by moving the SL. Good luck.

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