UPside — GBP/JPY is destined to go higher in the short term, higher than 160.5 and you will see a divergence in most indiactors... Shorting at these levels is against the trend beware....... You will see a big drop once this upmove is ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

5th wave — Azibi, This will give you the direction for the market, you can have any strategy to get you a entry point with a proper stop loss in that direction. The elliot wave turn points are difficult to read, but it gives up the trend which ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Charts — HariGP image In the 4 hr chart attached, the simplest way to find a 3rd elliot wave is to have a 5,34 oscillator and the highest peak will give you the 3rd wave, sometimes it gets extended and you will see and higher price which is ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Possible up leg — Hi All, This is my first post here just found this amazing thread. Ive been trading GBP/JPY for a while now and believe, Were in the the - 4th wave of the 4 hr chart - 5Th wave of the daily - 4th wave of the weekly chart. We ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

GBP/JPY — I think that we are in a 5th wave uptrend in the 4 hour chart, where as we are already in the 5th wave of the daily chart. Once we cross 160.5 and retrace the 5th wave will be complete in both the 4hr and daily chart and we will ...

Daily GBP/JPY analysis