Thursday, October 23, 2008

Gbp vs Jpy 1H


Please be noted that due to the strong breakout, I need to made a wave recount and therefore, please analyse the latest possible alt counts available. Preferably, market still in progress to complete major wave 5. At this moment, I believed market in subwave 3 and once completed, looking forward for bullish retracement to complete subwave 4. Therefore, please look for any bullish retracement entry signal from BSTS later but please be careful for any subwave 3 extension (magenta). Good luck.

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