Monday, January 26, 2009

Gbp vs Jpy 1H Update #1


Preferably, I believed market in progress to complete corrective wave a either in white or yellow. A further upside trend towards the green upper trendline would bolster this scenario before expecting for a bearish retracement trend to complete corrective wave b (white or yellow). But, always be careful for any bearish continuation trend scenario (magenta). Good luck.

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