View Single Post
  #25 (permalink)  
Old 03-02-2008, 07:41 AM
Jebatfx's Avatar
Jebatfx Jebatfx is offline
Senior Member
 

Join Date: Feb 2008
Posts: 274
Jebatfx is still new to the BabyPips.com Forum
Send a message via Yahoo to Jebatfx
Default Gbp vs Jpy 1H, 4H & Daily Pre-Market Overview



GJ 1H Chart - Market in Bearish trend but most probably there will be a correction (retracement) to complete wave iv before another bearish continuation to complete wave v and c.



GJ 4H Chart - I still believed there will be a retracement to complete wave 4 before another bearish continuation to complete wave 5 and c. Or there might be a straight bearish continuation in making a "Triple Bottom".



GJ Daily Chart - Shows a bearish breakout to complete wave C and V. I believed there will be a 1 2 3 4 5 wave before to complete wave C and V.
Reply With Quote