Thursday, June 11, 2009

Gbp vs Jpy 1H

At this moment, I'm still waiting for any true breakout either to the bullish continuation critical line 2 or lower red trendline to determine which alt counts that is more favourable. Preferably, I'm looking for any opportunity for a truncated wave 5 in 4 (yellow) before expecting for a major bearish continuation trend scenario. But, please be careful for any bullish continuation trend refering to the alt count in magenta. Good luck.

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