Wednesday, November 12, 2008

Gbp vs Jpy 1H Update #1


I believed market in progress to complete subwave v in 5 before expecting for a bullish reversal trend later to perform corrective a, b and c. But please noted that wave 5 could be either a truncated wave (white or yellow) or an impulsive wave (magenta). Therefore, please analyse all possible alt counts and look for any bullish reversal entry signal later from BSTS. Please watch closely all trendlines and critical lines for any breakout. Good luck.

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