Daily GBP/JPY analysis

Please be noted that the alt count in yellow is already invalid. Favourably, I believed market just perform a bullish trap scenario and I'm looking forward for a bearish retracement trend refering towards the alt count in magenta. But please be careful for any strong bullish continuation trend to complete subwave iii in white. Good luck.

Please be noted that due the to breakout to the magenta critical line, therefore, market already in favour to complete subwave iii in white before expecting for any bearish retracement trend to perform wave iv. But please be careful for any bullish trap scenario according to the latest alt count in yellow. Good luck.

I like bears

me 2. Good luck to u.


At this moment, price just pullback from the magenta/yellow critical line. Unless we see any strong breakout towards the critical line, then market in favour to perform a corrective subwave a eitter in yellow or magenta. A breakout towards the white critical line would bolster this scenario. Otherwise, price may perform a bullish continuation to complete subwave iii in white. Please confirm either trend from BSTS later. Good luck.

At this moment, I'm looking forward for any breakout either towards the white critical line or magenta/yellow critical lines to confirm which alt counts that is more favourable. Preferably, I believed market just performed a bullish trap scenario and I'm expecting for a bearish retracement trend (magenta or yellow). A further breakout to the white critical line and as long the magenta/yellow critical line is remain intact, would bolster to this bearish retracement scenario. Good luck.

At this moment, the pivot line still remain as a strong support. A breakout to the downside would bolster towards the alt count in yellow. Otherwise, please be careful for any bullish continuation trend either to complete a truncated subwave 5 in magenta or subwave v in white. Good luck.

At this moment, I'm looking forward for a breakout towards the bearish continuation critical line 1 and further to the white critical line to bolster the major bearish retracement trend referring to the alt count either in yellow or magenta. Unless there is any strong breakout to the magenta/yellow critical line, I believed this scenario is in favour. Therefore, advisable to look for any bearish retracement trend entry signal from BSTS later today or next week. Happy weekends and good luck.

Due to the breakout towards the white critical lines, therefore I believed the alt count in white is already invalid and preferably, I'm looking forward for a further bearish continuation trend to perform major corrective wave b either in magenta or yellow. But, please be careful for any bullish retracement trend to perform subwave b in yellow. Please monitor closely the lower major red trendline for any breakout. Good luck.

At this moment, price just bounce from the major lower red trendline. Preferably, I believed market already completed subwave a in yellow and now in progress to perform subwave b (a, b and c in cyan) before expecting for another bearish continuation trend complete subwave c in major corrective wave b in yellow. Otherwise we may see a further downtrend referring to the alt count in magenta. Basically, advisable to look for any bearish continuation trend entry signal from BSTS later. Good luck.

At this moment, please analyse the latest all possible at counts. Favourably, I believed market will perform another bearish continuation trend either referring to the alt count in white, magenta or yellow before expecting for a bullish reversal trend. Therefore, advisable to look for an opportunity for bearish continuation trend to complete major corrective wave b (white, magenta or yellow) dan confirm it from BSTS later. Good luck.

At this moment, I'm waiting for any breakout from the teal triangle pattern before can determine which alt count that is more preferable. A valid "inverted head and shoulder" pattern would favour towards the alt count in white. Otherwise a breakout to the lower red trendline would bolster towards the alt count in yellow. Preferably, I believed market will perform a bearish trend either to complete subwave 2 in white or major corrective wave b in yellow. Please monitor both yellow and white critical lines. Good luck.

Preferably, I'm looking forward for a bearish retracement trend either to complete wave 2 in white or major corrective wave b either in magenta or yellow. This scenario is valid as long the magenta/yellow critical line is remain intact. Therefore, please be careful for any breakout towards the magenta/yellow critical line. Good luck.

Due to the breakout towards the magenta/yellow critical line, market already in favour to the alt count in white. But, I believed market have to perform a bearish retracement trend to complete wave 2 before another bullish continuation trend to complete wave 3 (white). Othewise, I'm still looking forward for an opportunity towards the "bullish trap scenario" referring to the alt counts either in yellow or magenta. Good luck.

At this moment, please analyse all possible alt counts. Market already in favour towards the bullish continuation scenario either in white or magenta. But, please be noted that, I believed market have to perform a bearish retracement trend to complete wave 2 (white or magenta) before expecting for another strong bullish continuation trend. Otherwise, if the major lower red trendline is taken, then market in favour toward the alt count in yellow. Please be careful for any bullish trap scenario. Good luck and happy weekends.

Chart 1H - Preferably, I believed will perform a bearish trend either to perform wave 2 (white or magenta) or major corrective wave b (yellow). Therefore, advisable to look for any bearish entry signal from BSTS later. But, please be careful for any breakout towards the bullish continuation critical line 1.

Chart Weekly - I believed market in progress to perform major wave iv (magenta, white or yellow) before expecting for another bearish continuation trend to complete major wave v in C. Favourably, I'm looking forward for any possibility towards the alt counts in yellow where as market may perform a corrective subwave a, b and c in iv scenario. A pullback scenario from the upper green trendline would bolster towards this scenario. Good luck.

At this moment, I'm looking forward for a further breakout to the lower red trendline to bolster the bearish retracement trend scenario either to complete wave 2 (magenta or white) or major corrective wave b (yellow). Please be noted that there will be a 3 subwave structures a, b and c to complete wave 2. Good luck.

At this moment, I'm looking forward for a further bearish continuation trend either to complete wave 2 (white or magenta) or major corrective wave b (yellow). A valid "Head and Shoulder" pattern would bolster towards the alt count in yellow which is market will perform a 5 bearish wave structures to complete major corrective wave b (yellow). Also, please monitor closely the major lower red trendline for any bounce or breakout scenario. Good luck.

At this moment, price just bounce from the bearish continuation critical line 1. Favourably, I'm looking forward for a bullish retracement trend either to perform corrective wave b in magenta or subwave ii in yellow before expecting for another bearish continuation trend scenario. A valid "Head and Shoulder" pattern would bolster to this scenario. Advisable to look for any bearish continuation trend later from BSTS. Good luck.

Preferably, I'm looking forward for a valid "Head and Shoulder" reversal pattern to bolster towards the alt count in yellow. I believed market will perform a bearish trend either to complete a wave 2 in magenta or a major corrective wave b in yellow. A further breakout towards the yellow neckline and bearish continuation critical line 1 would bolster towards this scenario. Otherwise, please be careful for any possibility to the alt count in white scenario. Good luck.

This thread still here ...

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