Wednesday, May 13, 2009

Gbp vs Jpy 1H Update #1


At this moment, price already break the white critical line and the bearish continuation critical line 1. Therefore, I'm looking forward for a further bearish continuation trend scenario to complete a major corrective wave B in 5 bearish wave structures (yellow). But please be extra careful for any possibility to a bullish continuation trend scenario according to the alt count in magenta or a bullish retracement trend scenario to complete subwave ii in yellow. Good luck.

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