Wednesday, March 25, 2009

Gbp vs Jpy 1H


At this moment, price just pullback from the magenta/yellow critical line. Unless we see any strong breakout towards the critical line, then market in favour to perform a corrective subwave a eitter in yellow or magenta. A breakout towards the white critical line would bolster this scenario. Otherwise, price may perform a bullish continuation to complete subwave iii in white. Please confirm either trend from BSTS later. Good luck.

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