Wednesday, October 7, 2009

Gbp vs Jpy 1H


At this moment, I'm waiting either a breakout or bounce scenario from the bearish continuation critical line 1 to determine either we may see a bearish continuation trend scenario to perform subwave 3 in white or another bullish retracement trend scenario to complete the unfinish subwave e in iv (yellow). Otherwise, a breakout towards the major upper green trendline may indicate that market in progress to perform wave 2 in magenta. Good luck.

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