Tuesday, May 27, 2008

Gbp vs Jpy 1H


Expecting for a completion of wave v later, which preferably a truncated wave (magenta or yellow). Advisable to wait for a bearish reversal signal later from BSTS. Please watch closely the teal triangle for any breakout. Please noted that this scenario will be invalid if there is any true breakout to the bullish continuation line 1 later which favourably to count in white. Happy trading.

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