Wednesday, August 13, 2008

Gbp vs Jpy 1H


Until this moment, market still in strong bearish continuation either to complete subwave iii in white, yellow or magenta. Therefore please be extra careful if you are plan to make a bullish retracement entry. Advisable to wait a confirmation from BSTS 2 tf 4H for any retracement entry. But also be careful for any subwave iii extension scenario. Overall trend is Bearish, therefore please analyse your trading strategy and wait for a very good entry signal later. Good luck.

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