Gbp vs Jpy 1H
Written by jebatfx   
Wednesday, 28 July 2010
8.34 am
 
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Please be noted that the previous alt counts in magenta and white is already invalid due to the strong bullish continuation trend. Therefore, at the moment, I'm looking for a bearish trend to be perform either to complete subwave a (magenta or white) or subwave 4 in yellow before expecting for another bullish trend to complete subwave b (magenta/white) or subwave 5 (yellow). Also, you can compare this same structure to other pairs like GbpUsd, EurUsd and AudUsd. So, setup your best trading plan 1st before making further decission. Good luck.