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Gbp vs Jpy 1H
Written by Jebatfx   
Wednesday, 20 August 2008
9.22 am 
20_august_08_10.46am_1h.gif
Until this moment, price still inside the corrective teal triangle. I'm looking forward for a true breakout either to the upper or lower teal triangle trendline to determine which alt count is more favourable. Although the major trend is bearish but there are possibility to see for another bullish retracement to complete the corrective wave 4. So please be extra careul. Good luck.
 
Gbp vs Jpy 1H Update #1
Written by Jebatfx   
Tuesday, 19 August 2008
10.13 pm 
19_august_08_10.11pm_1h.gif
At this moment, I'm looking forward for a completion of a truncated subwave iv (magenta) or a subwave 1 in wave v (yellow) before before expecting for a bullish retracement either to complete subwave 4 (magenta) or subwave 2 in v (yellow). Otherwise, there are also a probability for a bullish reversal trend according to the alt count in white. Good luck.
 
Gbp vs Jpy 1H
Written by Jebatfx   
Tuesday, 19 August 2008
8.30 am 
19_august_08_9.28am_1h.gif
At this moment, favourably wave iv is already completed and I'm looking forward for a bearish continuation to complete eiterh a truncated subwave v (magenta) or an impulsive subwave v (yellow). Otherwise we may see another bullish retracement to complete corrective wave c and 4 in white. Good luck.
 
Gbp vs Jpy 1H Update #1
Written by Jebatfx   
Monday, 18 August 2008
10.32 pm 
18_august_08_10.30pm_1h.gif
At this moment, price already made a breakout to the lower yellow trendline. If its a true breakout and subwave iv (magenta) is already completed, then we may see for another bearish continuation either to complete a truncated subwave v (magenta) or an impulsive subwave v (yellow). Otherwise we may see the price bounce back to complete the subwave iv in yellow or wave 4 in white. Good luck.
 
Gbp vs Jpy 1H
Written by Jebatfx   
Monday, 18 August 2008
9.41 am 
18_august_08_10.10am_1h.gif
I'm looking forward for a completion of subwave iv either in magenta or yellow. Advisable to wait for a bearish continuation entry signal later from BSTS for this week. Otherwise we may see an extension of corrective phase according to the alt count in white. Good luck.
 
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