No, I'm not.Until this moment, the major upper green trendline still remain intact and preferably I'm looking forward for a pullback and bearish continuation trend scenario later. A true breakout to the major lower red trendline would bolster this scenario. Therefore, please watch closely all critical lines and trendlines to assist you in determine which alt counts is more likely in progress. Good luck.
At this moment, price already break the lower red triangle trendline and we need to wait a whilte to confirm is it a true breakout or only a false breakout. Preferably, I'm looking forward for a bearish continuation trend to perform subwave v in 5 before expecting for a bullish reversal trend later. Another breakout to the bearish continuation critical line 2 and later to the major bearish continuation critical line 1 would bolster this scenario. Meanwhile, please be careful for any truncated wave scenario either referring to the alt count in white or yellow. Good luck.
At this moment, I'm looking forward for a completion of truncated wave 5 either referring to the alt count in white or yellow. Advisable to look for any bullish reversal entry signal from BSTS later. A breakout to the upper green trendline would bolster this scenario. Otherwise we may see another strong bearish continuation trend to complete an impulsive wave 5. Good luck.
I believed market in progress to complete subwave v in 5 before expecting for a bullish reversal trend later to perform corrective a, b and c. But please noted that wave 5 could be either a truncated wave (white or yellow) or an impulsive wave (magenta). Therefore, please analyse all possible alt counts and look for any bullish reversal entry signal later from BSTS. Please watch closely all trendlines and critical lines for any breakout. Good luck.
Please be noted that, due to the further bearish continuation trend, the previous alt count in white is already invalid. Therefore, please analyse the latest possible updated alt counts in the chart. Preferably, I believed market in progress to complete subwave v in 5 and I'm looking forward for an opportunity to find a possible bullish reversal trend once wave 5 is complete. But please be noted also that wave 5 could be a truncated wave (white or magenta) or an impulsive wave. Also, please be careful for any bearish trap scenario. Please confirm any possible bullish reversal signal from BSTS later. Good luck.
At this moment, preferably, I'm looking forward for either a bullish retracement to complete subwave iv (yellow) or a bullish reversal to perform corrective wave a (white). But please be careful for a bearish continuation trend to perform an extension subwave iii in magenta. Please confirm any alt counts from BSTS and any breakouts later. Good luck.
Joined May 2008
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Status: I Loose, I Win, I Conquer
|1,834 Posts
Dear Jebatfx,
I've been following this thread for quite a while.and in my perspective you have an excellent way of analyzing charts, in a easy way though but effective.I'm not a pro forex trader.but the way you using the EW theory is perfect i guess.please post your charts consistently.i may have to learn lot's from you.keep up the good work.
I've been following this thread for quite a while.and in my perspective you have an excellent way of analyzing charts, in a easy way though but effective.I'm not a pro forex trader.but the way you using the EW theory is perfect i guess.please post your charts consistently.i may have to learn lot's from you.keep up the good work.
Jude
Ignored
Thank you, you are most welcome. Good luck in your trade.At this moment, I'm looking forward for a bullish reversal trend to be perform either referring to the alt count in white or yellow. A valid diagonal triangle pattern and a double bottom scenario would bolster this point of view. Otherwise, we may see another breakout to the white/yellow critical lines to perform wave 5 in magenta. Advisable to look for a good bullish reversal entry signal later from BSTS. Good luck.
At this moment, I'm looking forward market either to perform corrective c (white) or a truncated subwave v in 5 (yellow) before expecting for a bullish reversal trend. Otherwise this scenario would be invalid if there is any true breakout to the white/yellow critical lines which is favourable to the alt count in magenta. But please be careful for any bearish trap scenario. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck and happy weekends.
Gbp vs Jpy 1H, 4H & Daily Pre Market Overview Chart 1H - Preferably, I'm looking forward for any possibility towards a bullish reversal trend either referring to the alt count in white, yellow or magenta. Therefore, please analyse all trendlines and critical lines for any breakout. Please be noted that both alt counts in white and yellow would be invalid if there is any true breakout to the bearish continuation critical line 1.Chart 4H - Please be noted that if the diagonal triangle pattern is valid, then favourably, we shall see a bullsih reversal trend later next week. But please be careful for any "throw over" or bearish trap scenario.Chart Daily - I'm looking forward for a completion either a truncated subwave 5 in 5 (yellow) or impulsive subwave v in 5 (magenta). Therefoe, advisable to look for any bullish reversal entry signal from BSTS later next week.Summary :1) Advisable to look for any bullish reversal trend later next week to perform corrective a, b and c once wave 5 is completed (white or yellow).2) But please be careful for any bearish trap scenario (yellow) or a bearish continuation trend to perform an impulsive subwave v in 5 (magenta).Good luck.
At this moment, as long the white/yellow critical line remain intact, preferably, I'm looking forward for a bullish reversal trend to be perform later either referring to the alt counts in white or yellow. Otherwise if the critical line is taken, market will be more favour to the alt count in magenta. But please be careful for any bearish trap or "throw-over" scenario. Advisable to look for a good bullish reversal entry signal from BSTS within this week. Good luck.
Preferably, I'm looking forward for a bullish reversal trend either referring to the alt count in white or yellow. A breakout to the major upper green trendline would bolster this scenario. Otherwise please be careful for any bearish continuation trend according to the alt count in magenta. Good luck.
At this moment, please watch closely both bullish critical line 1 and bearish critical line 1 to determine which alt counts that is more favourable. Preferably, I'm looking forward for a bullish reversal trend to be perform later referring either to the alt count in white or yellow. But please be extra careful for any bearish trap scenario or a bearish continuation trend accoding to the alt count in magenta. Good luck.
At this moment, I'm waiting for a true breakout from the teal triangle to determine which alt count that is more favourable. Also, please watch closely both bullish critical line 1 and bearish critical line 1 for any breakout. Preferably, I'm still looking forward for a bullish reversal trend to be perform later as long the bearish continuaiton critical line 1 is remain intact. So please be careful for any bearish trap scenario later. Good luck.
At this moment, price already break my bullish continuation critical line 1. Preferably, I'm looking forward for further bullish continuation trend either to complete subwave a in white or subwave a in yellow. But, please be careful for any breakout to the lower red trendline. Good luck.
Please analyse the latest posibble counting and preferably, I'm still believed market will perform a bullish reversal trend later (white or yellow). A breakout to the major upper green trendline would bolster this scenario. Otherwise this scenario would be in major doubt if there is any true breakout to the white/yellow critical line unless if its only a "throw-over" or bearish trap scenario. Therefore, please monitor closely both critical lines to determine the probability of major trend later. Advisable to look for an opportunity of the bullish reversal trend from BSTS later. Good luck.
Due to the further downside movement, I need to made some counting adjustment. Therefore, please analyse the latest update alt counts and preferably, I'm looking forward for a bullish reversal trend referring either to the alt count in white (triple bottom) or yellow. Otherwise if not, we may see a bearish continuation trend according to the alt count in magenta. Good luck.
At this moment, due to further downside trend, I'm looking forward a possibility for the completion of truncated wave 5 (yellow) or an impulsive wave 5 (magenta) before expecting a bullish reversal trend to perform corrective a, b and c. Please be careul for any "throw over" and a bearish trap scenario. Good luck and happy weekends.
