Monday, April 6, 2009

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for a further breakout to the lower red trendline to bolster the bearish retracement trend scenario either to complete wave 2 (magenta or white) or major corrective wave b (yellow). Please be noted that there will be a 3 subwave structures a, b and c to complete wave 2. Good luck.

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