Thursday, March 6, 2008

Gbp vs Jpy 1H Update


Market in small correction phase which I believed will going up again to complete wave 5 and iv. Watch closely the upper triangle trendline. Looking for a breakout before making any decission or entry. Unless the price break 205.43, the bullish retracement continuation would still be valid. Preferable - Bullish Retracement Continuation.

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