Wednesday, October 29, 2008

Gbp vs Jpy 1H Update #1


Until this moment, I believed market still in progress to complete subwave 5 (cyan) in wave 4 which is either a truncated wave 4 (magenta) or an impulsive wave 4 (yellow) before expecting for another bearish continuation trend to perform wave 5. Therefore, please look for any good entry signal for bearish continuation trend from BSTS later. Good luck.

No comments: