Thursday, July 24, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for a further downside trend to complete subwave c (cyan) and wave a (yellow or magenta) to perform a "Head & Shoulder" pattern (3 blue rectangle) before expecting another bullish retracement to complete wave b (yellow or magenta). Please be noted that alt count in white is already invalid. Good luck.

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