ermmmm

sori for no update, this week got internet connection prob (marah celcom 3G ni)..so miss lots of good pips..uwaa...

GBPUSD :: Alternate Count

The movement this morning could possible a thrust from a triangle. Please refer to the chart for the alternate count.

Note:
Alternate count only carried 35% level of confidence.

apengfx-

GBPUSD :: Possible Bottom is in place

Focusing on the upside potential while possible bottom is in place.
Support @ 2.0180.

apengfx-

GBPUSD :: Searching for evidance for bottom

We are continue to search for evidence that cable has already bottomed.
Alternate count chart will be upload later.

TQ

apengfx-

GBPUSD :: zigzag complete

Zigzag correction pattern tell us that risk is start to shifting to the upside while downside potential limited.

One more leg dip under current low is needed to complete wave c and when that happen, as usual, don't chase for the bottom, instead try to look for evidence that bottom are already in place.

apengfx-

GBPUSD :: zigzag ?

Favor to the downside. Zigzag structure is most likely to happen.

apengfx-

GBPUSD :: Intraday 26 July 2007

finally an impulsive movement to the downside has occur.
one more leg below 2.0485 is needed to complete the 5 wave structure from 2.0653 and will be follow b a corrective movement, this should be an opportunity to sell at high again :)