Tuesday, July 14, 2009

Gbp vs Jpy 1H


At this moment, I'm looking foward for another bearish continuation trend to perform a diagonal triangle corrective wave abcde pattern refering to the alt count in yellow. Otherwise a breakout to the upper green trendline would indicates that perhaps market in progress to perform wave 2 either in white or magenta before expecting for another bearish continuation trend scenario. Advisable to look for any good opprtunity towards a bearish entry signal from BSTS later. Good luck.

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