Friday, October 31, 2008

Gbp vs Jpy 1H


At this moment, I believed market either in progress to perform a bearish continuation trend to complete wave 5 (yellow or magenta) or to perform a bearish retracement trend to complete subwave b in white. Please be noted that there will be a subwave i,ii,ii,iv and v in 5 if the bearish continuation scenario is valid. Good luck and happy weekends.

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