Daily GBP/JPY analysis

At this moment, please be noted that the alt count in white is already invalid. Preferably, I believed market in progress to perform corrective wave b in yellow before expecting a bullish reversal trend to complete corrective wave c. But please be careful for any possibility towards the bearish continuation trend referring to the alt count in magenta. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck.

Preferably, I believed market in progress to complete corrective b (white or yellow) before expecting a bullish reversal trend, but please be careful for any wave b "bearish trap" scenario. Otherwise we may see another bearish continuation to complete wave 5 in magenta. Good luck.

Please be noted that bolth alt counts in yellow and white is already invalid. Due to the strong breakout, I believed market in progress to complete wave 5 in magenta. Please watch closely the lower red trendlines for any breakout or bounce. Advisable to look for any bullish reversal entry signal once wave 5 is completed (magenta) from BSTS later within this week if valid. Good luck.

At this moment, I'm looking forward for any opportunity towards the completion of wave 5 before expecting for a bullish reversal trend referring either to the alt count in white or yellow. But please be careful for any extension of wave 5 scenario (magenta). Good luck.

Chart 1H - At this moment, market already perform a strong breakout to the downside. Basically, I'm looking forward for an opportunity market to complete wave 5 before expecting a bullish reversal trend. A valid an "Inverted Head and Shoulder" pattern would bolster towards either the alt count in white or yellow. But please be careful for any progress to perform an extension of wave 5 in magenta. Please confirm any entry from BSTS later.

Chart Weekly - At this moment, I believed market in progress to perform wave iii in C (yellow or magenta) before expecting a bullish retracement trend to perform corrective wave iv. Preferably, I'm looking forward for any bullish retracement trend referring to the alt count in yellow once wave iii is completed. But please be careful for any extension of wave iii in magenta. Good luck.

At this moment, I'm looking forward for any possibility toward the completion of wave b either in white or yellow before expecting for a bullish reversal trend. Otherwise, a breakout to the major bearish continuation critical line 2 would bolster toward the alt count in magenta to complete major wave iii extension (FE - previous weekly chart). Please confirm either possible trends from BSTS later. Good luck.

At this moment, the neckline still remain intact. Preferably, I'm looking for a breakout to the upside to bolster towards the bullish reversal trend scenario referring to the alt count in white. Otherwise we may see another bearish continuation trend either to complete corrective subwave b in yellow or wave 5 in magenta. Please confirm any trend from BSTS later. Happy weekends and good luck.

Preferably, I'm looking forward for any upside trend referring either towards the alt count in white or yellow. But please be careful for any true breakout towards the major bearish continuation critical line 2. Good luck and Happy Chinese New Year.

Preferably, I believed market in progress to complete corrective wave a either in white or yellow. A further upside trend towards the green upper trendline would bolster this scenario before expecting for a bearish retracement trend to complete corrective wave b (white or yellow). But, always be careful for any bearish continuation trend scenario (magenta). Good luck.

I believed market in progress to complete corrective wave a (white or yellow) and I'm expecting for a bearish retracement trend later to perform corrective wave b once its completed. Otherwise, please be extra careful for any strong bearish continuation trend (magenta). Good luck

Preferably, I believed market in progress to perform corrective wave a either in white or yellow. Advisable to look for any bullish continuation entry signal from BSTS later either once corrective wave b in white is completed or for another bullish continuation trend to complete corrective wave a in yellow. Otherwise, please be careful for any bearish continuation trend either to perform a double bottom wave b or wave 5 in magenta. Good luck.

At this moment, I'm looking forward for any bearish retracement trend to perform corrective wave b in white before expecting for a bullish continuation trend to perform corrective wave c. But please be careful for any extension of corrective wave a in yellow or any bearish continuation trend to complete wave 5 in magenta. Good luck.

Please be noted that due to the further bullish continuation trend, the alt count in white is already invalid. Therefore, I believed market in progress to complete the corrective wave a in yellow before expecting for a bearish retracement trend to perform the corrective wave b. Good luck.

At this moment, I'm looking forward for any bearish retracement trend referring to the alt count in yellow to perform corrective wave b. But please be careful for any bullish continuation trend and a breakout towards FibR 61.8%. Good luck.

I believed market will perform a bearish retracement trend to perform corrective wave b referring to the alt count in yellow.But please be careful for any true breakout towards the major upper green trendline and later to the R3 level. Good luck.

Please analyse the latest possible alt counts available. Preferably, I'm looking forward for a breakout towards the lower red trendline to bolster the bearish retracement trend to perform corrective wave b in yellow. But please be careful for any triple bottom case scenario. Otherwise we may see a bullish continuation trend to perform an extension of corrective wave a in white. Good luck and happy weekends.

127.50 long

hi guys.. i think imma join u guys on this thread cuz i've my own idea of trading G/J on 1hour timeframe.. its basically trading on the candlestick pattern and thats it. Using 1:1 ratio as TP:SL, i would be confident on this. I've done my homework so, i might give it a try now. cheers

hi,

tq for sharing. Looking forward to see ur idea. Happy trading

Due to the further upside trend, therefore I believed market still in progress to complete corrective wave a either in white or yellow before expecting for a bearish retracement to perform corrective wave b within this week. Therefore please confirm the completion of corrective wave a (white or yellow) from BSTS and advisable to look for any bearish retracement entry signal from BSTS later to perform correctie wave b. Good luck.

I believed market in progress to complete the corrective wave b either in white or yellow (triple bottom) before expecting a bullish continuation trend to perform corrective wave c in 5 wave structures. Therefore, please analyse all critical lines and look for any breakout to confirm. Good luck.