Wednesday, August 27, 2008

Gbp vs Jpy 1H Update #1


Preferably, I believed the "throw-over" or the bearish trap scenario is valid and looking forward for an upside movement either to complete corrective subwave a in magenta (bullish retracement) or corrective subwave a in white (bullish reversal). Otherwise this scenario would be invalid s there is any breakout to the major bearish continuation critical line 1. Good luck.

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