Tuesday, July 15, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for a bearish continuation later to complete subwave 3 (yellow) before expecting any retracement to perform corrective subwave 4 (yellow). Please noted that alt count in white is already invalid. But please be careful for any upside movement. If the price bounce and break the bottom of subwave 1 (yellow), the bearish subwave count would be in doubt. Good luck.
p/s - just as reminder to "Sell Top, Buy Bottom"

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