Thursday, August 7, 2008

Gbp vs Jpy 1H Update #1


Until this moment, all possible alt counts still valid. Preferably, I'm looking forward for a market movement refering to the alt count in yellow. Please be noted that price still inside the major triangle zone. A further breakout to the bearish continuation line 1 would bolster the alt count in yellow. Otherwise if the price break the bullish continuation line 1, this scenario would be invalid. Good luck.

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