Monday, May 4, 2009

Gbp vs Jpy 1H


Preferably, I believed market will perform a major bearish retracement trend to complete corrective wave B once wave 5(A) is completed (yellow-truncated or white-impulsive). Otherwise, we may still see a minor bearish retracement trend to complete subwave 2 in magenta. Therefore, advisable to look for any bearish retracement entry signal from BSTS later. Good luck.

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