Thursday, February 19, 2009

Gbp vs Jpy 1H Update #1


Please be noted that due to the breakout towards the previous yellow/critical lines, therefore I need to recount for latest possible alt counts. Please analyse latest alt counts and unless there is a strong bullish continuation trend later, then I believed we shall see a bearish retracement trend to perform wave 2 in yellow. Otherwise we may see a further bullish continuation trend either to complete wave 3 in magenta or wave 1 in white. Good luck.

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