Friday, November 14, 2008

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward market either to perform corrective c (white) or a truncated subwave v in 5 (yellow) before expecting for a bullish reversal trend. Otherwise this scenario would be invalid if there is any true breakout to the white/yellow critical lines which is favourable to the alt count in magenta. But please be careful for any bearish trap scenario. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck and happy weekends.

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