Wednesday, October 22, 2008

Gbp vs Jpy 1H


Due to the breakout, the previous alt counts in white and yellow is already invalid. I believed, market in progress to complete corrective subwave b either a double bottom (magenta or yellow) or a bearish trap scenario (white). Preferably, please look for any buy bottom signal from BSTS once corrective wave b is completed. But please be careful for any bearish continuation trend. Watch carefully all critical lines. Good luck.

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