Thursday, July 9, 2009

Gbp vs Jpy 1H


Preferably, I believed market in progress to complete wave iv in yellow before expecting for another bearish continuation trend to perform either a truncated or an impulsive wave v. Advisable to look for any bearish continuation entry signal from BSTS later as long the bullish continuation critical line 1 is remain intact. Otherwise, please be careful if there is any breakout to the bullish continuation critical line 1. Please be noted also that the previous alt count in magenta is already invalid. Good luck.

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