Monday, September 8, 2008

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for a completion of major wave 5 before expecting for a major corrective a, b and c. Please be noted that wave 5 have 3 possible scenarios which is :
1) Truncated wave 5 (white)
2) Truncated wave 5 - triple bottom (magenta)
3) An Impulsive wave 5 (yellow)
Therefore please look for any good bullish reversal signal from BSTS later once wave 5 (white or magenta or yellow) is completed. Good luck.

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