Thursday, April 2, 2009

Gbp vs Jpy 1H Update #1


Due to the breakout towards the magenta/yellow critical line, market already in favour to the alt count in white. Anyway, I believed market have to perform a bearish retracement trend to complete wave 2 before another bullish continuation trend to complete wave 3 (white). But, I'm still looking forward for an opportunity towards the "bullish trap scenario" referring to the alt counts either in yellow or magenta. Good luck.

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