Tuesday, June 24, 2008

Gbp vs Jpy 1H


I believed subwave i (yellow) or wave a (magenta) is already completed and looking forward for a completion of subwave ii (yellow) or wave b (magenta) before we could see a possible further bearish continuation to complete subwave iii (yellow) or wave c (magenta). This scenario would considered valid if 213.28 still intact (unless a false breakout). Preferably expecting for a bearish continuation trend later to complete wave c (yellow or magenta). Therefore, please look for a short entry from BSTS later. Good luck.

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