Daily GBP/JPY analysis

At this moment, price already made a breakout to the upper green diagonal triangle trendline but is it a true or only a false breakout ? A further breakout to the bullish continuation critical line 1 would bolster the bullish reversal trend scenario (yellow or white). Otherwise please be careful for any breakout to the major bearish continuation critical line (magenta). Good luck.

To all my Forex Factory friends:
Just wanted to wish you a Happy New Year.
A sincere thanks goes out to all my friends here at FF for all the knowledge and assistance you have provided to me over this last year.
Wishing you a happy -- and profitable -- new year 2009.

At this moment, favourably either I'm expecting a bearish retracement to perform corrective subwave b in yellow or we shall see a further bullish continuation to perform corrective subwave b in white. A breakout to the bullish continuation critical line 1 would bolster towards the alt count in white. Otherwise, please be careful for any bearish continuation trend referring to the alt count in magenta. Good luck and happy weekends.

I believed market in progress to perform a bullish reversal trend either referring to the alt count in yellow or white. But please be careful for any breakout towards the white critical line which would favour to the alt count in magenta. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck.

At this moment, price already break the bullish continuation critical line 1 and still moving inside the bullish channel trendlines. Preferably, I believed market in bullish reversal trend and I'm looking forward for a bullish continuation trend referring to the alt counts in yellow. But please be careful for any breakout to the lower red trendline (white or magenta). Good luck.

At this moment, the magenta critical line still intact and favourably, I'm looking forward for any retracement trend to perform a corrective wave b referring to the alt count in yellow. A further bullish continuation trend would bolster towards the alt count in white. But, please be careful for any bearish continuation trend referring to the alt count in magenta. Good luck.

At this moment, I believed market in progress to complete corrective wave a (yellow or white) before expecting a bearish retracement to perform corrective wave b. But please be careful since the magenta critical line still intact and any breakout to the lower red trendline. Good luck.

At this moment, magenta critical line is already taken, but I'm looking forward for a further bullish continuation trend and a true breakout towards the major bullish continuation critical line 1 to bolster the bullish reversal trend scenario (yellow or magenta). Please be careful for any bearish retracement trend since I believed market have to perform a corrective wave b once the corrective a is completed (yellow or white). Good luck.

At this moment, I'm looking forward for an opportunity for a bearish retracement trend to perform a corrective wave b with condition a is already completed (yellow). But please be careful for any bullish continuation trend to complete an extension of corrective wave a. Good luck.

Preferebly, I'm looking for a completion of corrective wave a befoe expecting for a bearish retracement to perform the corrective wave b (yellow or white). Due to the breakout to the major bullish continuation critical line 1, therefore favourably the alt count in magenta is already invalid. But only a further true breakout would confirm the bullish reversal trend scenari. Therefore, please confirm from BSTS either corrective wave a is already completed (yellow) or still in progress (white). Also, please be extra careful since we may see another bullish continuation to perform an extension of corrective wave a scenario (white) before expecting for any retracement. Please be noted that there will be NFP announcement tomorrow. Good luck.

At this moment, please be noted that price just bounce from the lower red trendline and I believed market in bearosh retracement trend to perform the corrective wave b (white or yellow) before expecting for another bullish continuation trend to complete corrective wave c. A further breakout to the lower red trendline would bolster the retracement trend scenario but please be careful for any breakout further more then 133.95. Good luck.

At this moment, I believed market in progress to perform the corrective wave b (white or yellow) before expecting for another bullish continuation to complete corrective wave c. This scenario would still valid as long the bearish continuation critical line 1 is remain intact. But please be careful for any breakout to the white/yellow critical line. Good luck and happy weekends.

At this moment, I'm looking forward for an opportunity for a bullish continuation trend to perform a corrective wave c with condition corrective wave b is already completed (yellow). Unless there is any true breakout to the yellow critical line, then probably market in progress to perform a double bottom corrective wave b in white. Otherwise, please be careful for any bearish continuation referring to the alt count in magenta. Good luck.

At this moment, please be noted that the alt count in yellow is already invalid. Therefore, I believed market in progress to perform corrective wave b in white. Advisable to look for a bullish reversal entry once wave b is completed from BSTS later. But, please be extra careful for any bearish continuation referring to the alt count in magenta. Also please be aware for any bearish trap scenario later. Good luck.

At this moment, I believed market either in a bullish reversal trend to perform corrective wave c in white (double bottom) or a bullish retracement trend to complete subwave iv in b (triple botom) referring to the alt count in yellow. But please be careful for any bearish continuation trend. Therefore, please confirm which alt count is more favourable from BSTS later. Good luck.

At this moment, I believed market just performed a bearish trap scenario to complete subwave iii and I'm looking forward for a bullish retracement trend to perform subwave iv and v in b (yellow). But please be careful for any subwave iii extension scenario. Good luck.

Preferably, I believed market in progress to perform subwave c (cyan) in iv before expecting for another bearish continuation to perform a truncated wave v in b (yellow). But, please be careful for either a bullish reversal trend (white) or a bearish continuation trend scenario (magenta). Good luck.

At this moment, I'm looking forward for a bullish retracement trend to perform subwave c (cyan) in iv (yellow). But please be careful for any bearish continuation to complete wave v in magenta or a bearish trap scenario. Good luck.

Preferably, I believed market in progress to perform wave iv either in abc (cyan/yellow) or a diagonal triangle abcde pattern (magenta) before expecting for another bearish continuation to perform wave v (truncated or impulsive). But please be noted that. there is an opportunity that market is already in bullish reversal trend referring to the alt coun tin white. Please monitor for any breakout towards the critical lines and trendlines. Please confirm from BSTS later. Happy weekends and good luck.

Favourably, I'm looking forward for a bearish retracement trend to complete the subwave v in b (yellow) before expecting a bullish reversal trend. But the is also a possibility that the corrective wave b is already completed according to the alt count in white. Therefore, please confirm either alt counts from BSTS later. Otherwise we may see another bearish continuation trend if there is a true breakout to the major bearish continuation critical line. Good luck.