Wednesday, July 23, 2008

Gbp vs Jpy 1H


Until this moment, market showed bullish trend but its look like the trend is getting weak. Therefore please be careful for any false breakout or bullish trap scenario. Unless there is a strong breakout, I believed we shall see a bearish reversal trend later (alt count in yellow). Otherwise, market may going up according to the magenta count. Good luck.

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