Monday, January 19, 2009

Gbp vs Jpy 1H


Favourably, I'm looking forward for a bearish retracement trend to complete the subwave v in b (yellow) before expecting a bullish reversal trend. But the is also a possibility that the corrective wave b is already completed according to the alt count in white. Therefore, please confirm either alt counts from BSTS later. Otherwise we may see another bearish continuation trend if there is a true breakout to the major bearish continuation critical line. Good luck.

No comments: