Friday, February 20, 2009

Gbp vs Jpy 1H


Due to the latest market situation, I divided market into 3 possible scenario which is :
1) Magenta - market is progress to perform subwave ii in 3 before expecting for another bullish continuation to complete subwave iii in 3.
2) Yellow - market in progress to perform wave 2 (lower trendline) before expecting for another bullish continuation to complete wave 3 in C.
3) White - market in progress to perform wave 2 before expecting for another bullish continuation to complete wave 3 in c.
Advisable to look for any bullish continuation entry signal later from BSTS. Happy weekends and good luck.

No comments: