Wednesday, August 20, 2008

Gbp vs Jpy 1H


Until this moment, price still inside the corrective teal triangle. I'm looking forward for a true breakout either to the upper or lower teal triangle trendline to determine which alt count is more favourable. Although the major trend is bearish but there are possibility to see for another bullish retracement to complete the corrective wave 4. So please be extra careul. Good luck.

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