Friday, January 16, 2009

Gbp vs Jpy 1H


Preferably, I believed market in progress to perform wave iv either in abc (cyan/yellow) or a diagonal triangle abcde pattern (magenta) before expecting for another bearish continuation to perform wave v (truncated or impulsive). But please be noted that. there is an opportunity that market is already in bullish reversal trend referring to the alt count in white. Please monitor for any breakout towards the critical lines and trendlines. Please confirm from BSTS later. Happy weekends and good luck.

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