Wednesday, June 25, 2008

Gbp vs Jpy 1H


At this moment, price moving inside the teal triangle. Its look like market will again perform a corrective subwave abcde (cyan) before possibility a breakout to the lower major trendline for a bearish continuation to complete wave c (yellow or magenta). Please be carefull for any breakout to the upper teal triangle. Good luck.

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