Wednesday, July 1, 2009

5Waves - Gbp/Jpy 2 Possible Counts

In the below chart, corrective waves are count as W, X and Y since all these waves are sub-waved into 3s.


This is another possibility for Gbp/Jpy at daily chart. Here the corrective wave are labeled as FLAT, since its forming into 3,3,5.

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