Wednesday, May 20, 2009

Gbp vs Jpy 1H


Preferably, I'm looking forward for a bearish trend to be perform to complete wave iii either in white or yellow. A true breakout towards the major lower red trendline would bolster this scenario. But please be noted that, market have to perform 5 subwave structures if the scenario is valid. Otherwise, please be careful for any bullish continuation trend and any breakout towards the white/yellow critical line. Good luck.

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