Monday, October 27, 2008

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward market either to perform a corrective subwave 4 (white or yellow) or a horizontal triangle corrective abcde in subwave 4. I believed market will make a further bullish retracement referring to the alt count in white or yellow. Therefore, please watch closely both critical lines and any breakout to determine which alt count is more favourable. Good luck.

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