Wednesday, November 12, 2008

Gbp vs Jpy 1H


At this moment, I'm looking forward for a completion of truncated wave 5 either referring to the alt count in white or yellow. Advisable to look for any bullish reversal entry signal from BSTS later. A breakout to the upper green trendline would bolster this scenario. Otherwise we may see another strong bearish continuation trend to complete an impulsive wave 5. Good luck.

No comments: