Tuesday, June 3, 2014

GBPJPY renumbering


Earlier post expected GBPJPY to rise from the end of the corrective triangle after wave 5.
However, it didn't happen.
What looks likely now is that from wave 5, the first corrective wave a is a zig-zag, and followed by wave b in a triangle.
Following wave b, there should be a zig-zag wave c in 5 sub-waves.
At the end of sub-wave c, will enter with a Buy.

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