Tuesday, February 23, 2010
Gbp vs Jpy 1H & 4H
A breakout towards the bearish continuation critical line 1 and 2 is needed to bolster the alt count in magenta senario. Otherwise we may see a bullish rally 1st to complete either subcorrective wave c in aqua or white.
Overall, I believed market will perform a bearish continuation trend scenario either refering to the alt count in aqua or white. Therefore, advisable to always look for any bearish entry signal from BSTS everytime market perform a bullish retracement trend scenario. Good luck.