Monday, August 25, 2008

Gbp vs Jpy 1H


Please analyse all possible alt counts. Preferably, I'm looking for a bullish retracement scenario refering to the alt count in magenta later within this week. A further breakout to the upper green trendline would bolster this scenario. Otherwise this scenario would be invalid if there is a true breakout to the bearish continuation line 8. Please confirm any good entry signal from BSTS later. Good luck.

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