Tuesday, October 21, 2008

Gbp vs Jpy 1H Update #1


Please be noted that if the price make a true breakout to the white/yellow critical line, favourably both alt counts in white and yellow would be invalid. Overall, advisable to look for any bullish continuation entry signal either once subwave 2 (white or yellow) or corrective wave b (magenta) is completed. Therefore, watch closely both critical lines to determine which alt counts is more preferable. Good luck.

No comments: