Tuesday, August 19, 2008

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for a completion of a truncated subwave iv (magenta) or a subwave 1 in wave v (yellow) before before expecting for a bullish retracement either to complete subwave 4 (magenta) or subwave 2 in v (yellow). Otherwise, there are also a probability for a bullish reversal trend according to the alt count in white. Good luck.

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