Friday, July 18, 2008

Gbp vs Jpy 1H Update #1


At this moment, please be noted that the bearish continuation scenario in critical stage. Please study all the latest re-count waves and I believed if the price continue further upside and break the yellow critical line, advisable to stay out from the market until next week. Its more likely the corrective a, b and c already completed (magenta) and preferably looking forward for a new set of waves to begin either a bullish or a bearish wave count. Have a nice day.

No comments: