Friday, May 9, 2008

Gbp vs Jpy 1H


At this moment, market still in strong bearish continuation trend. I’m looking forward for a bearish continuation signal and a major retracement phase later. So please be carefull before making any entry. Watch closely my proposed “double bottom” area (valid/invalid) and the bearish continuation line 3 for any breakout. Please study both yellow and white counts and wait for a good bearish continuation signal or retracement signal later from BSTS. Good luck and happy weekends.

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