Monday, April 20, 2009

Gbp vs Jpy 1H Update #1


Please be noted that favourably, the alt count in white is already invalid. Preferably, I believed market in progress to perform a major corrective wave b in yellow before expecting for any bullish continuation trend to complete major corrective wave c in 4 (weekly). Another breakout towards the major lower red trendline would bolster this scenario. Otherwise, please be careful for any bounce scenario refering to the alt count in magenta. Good luck.

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