Wednesday, November 26, 2008

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for a completion of corrective subwave 4 in abcde horizontal triangle pattern before expecting for another bullish continuation to complete subwave 5 in a (yellow). Otherwise, we may see either a bearish retracement trend to perform corrective wave b in white or a bearish continuation trend referring to the alt count in magenta. Good luck.

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