Thursday, August 13, 2009

Gbp vs Jpy 1H


At this moment, I believed market just performed a bullish retracement trend either to complete corrective wave b in yellow (completed) or white (in progress) before expecting for another bearish continuation trend to complete corrective wave c. Therefore, advisable to look for any possibility towards a bearish continuation entry signal later from BSTS. Otherwise, please be careful for any breakout towards the upper green trendline which would indicate that corrective wave b (white) still not complete yet. Good luck.

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