Tuesday, October 21, 2008

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bullish continuation to perform either subwave 1 (yellow) or subwave 3 (white) in C. A further breakout to the bullish continuation critical line 1 would bolster this scenario. Otherwise we may see another bearish continuation to perform wave b referring to the alt count in magenta. Therefore please watch closely all critical lines and trendlines. Advisable to look for a good bullish continuation signal from BSTS later. Good luck.

No comments: