An Elliot Wave Technical Analysis For GBP Vs JPY

Totally agree, I also trading elliot wave and this deserves a journal place. (first time for me exploring recylcing bin). good work keep it up. I have bookmarked this.

Favourably, I'm looking forward market to perform a bearish reversal trend to complete corrective wave c in white. Otherwise, please be careful for any bullish continuation trend to complete the unfinish wave 5 in magenta or any "bull trap" scenario. A breakout towards the lower red trendline would bolster to the alt count in white scenario. Good luck.

p/s thanks to both of u. Good luck and happy trading.

Preferably, I believed market will perform a berish continuation trend to complete subcorrective wave iii in c (white). Otherwise, please be careful for any breakout towards the upper green trendline which would indicate that wave 5 in magenta still in progress before expecting for any bearish reversal trend. Good luck.

At this moment, favourably I'm expecting for any possibility towards a "pullback" scenario from the upper green trendline to complete subwave iii in white. A breakout to the pivot and S3 critical line would bolsters to this scenario. Otherwise, please be careful for any "bull trap" or a " double top" scenario. Happy weekends and good luck.

Gbp vs Jpy (1H) - At this moment, the lower red trendline still remain intact. Therefore, please be extra careful since market may perform another bullish trap scenario refering to the alt count in magenta before we can expecting for a bearish reversal trend scenario. Otherwise, if the lower red trendline and the bearish continuation critical line 1 is taken, then I believe market already in progress to complete subwave iii in c (white).

Gbp vs Jpy (Daily) - Favourably, I'm looking forward market to perform a major bearish continuation trend scenario either in white (wave 2 completed) or magenta (wave 2 still in progress).

Gbp vs Usd (Daily) - At this moment, I'm looking forward market to complete corrective wave b either in magenta or yellow before expeting for a bearish reversal trend to complete corrective wave c. A diagonal triangle pattern indicate that perhap bullish trend is already exausted. But please be careful for any common bullish trap scenario in those pattern.

Gbp vs Usd (Monthly) - Preferably, I'm looking forward market to perform a major bearish trend either to perform corrective wave c in yellow or major wave 5 in magenta.

AUD (Daily) - A diagonal triangle pattern indicate that the bullish trend since march 2009 is in ending stage (exausted). Therefore, advisable to look for any opportunity towards a bearish reversal trend scenario to perform corrective wave a,b and c in white. Otherwise, please be careful for a "double top" scenario to complete wave v in 5 before we can expecting for any bearish reversal trend. Good luck.

At this moment, due to the breakout of lower red trendline, therefore I believed market in favour towards a bearish continuation trend to perform subwave iii in white. But, a true breakout towards the bearish continuation critical line 1 is necessary to bolster towards this scenario. Otherwisem, please be careful for any bounce scenario from any support critical lines. Good luck.

hi jebatfx,

i'm new..and playing virtual mode.how can i understand the movement..how to to know at what rite price to buy or to sell? how can i understand and master this GJ forex rate? now it's bearish. and now i made loss 200 pips.

hi,

GJ is not a scalping pair. Therefore u have to learn how to swing trade for this pair. The idea is how to swing trade is to learn and practise a lots abt an Elliot Wave Strategy in your trading. Good luck.

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At this moment, I'm looking forward market to perform another bearish continuation trend scenario to complete either subwave 5 in aqua or subwave iii in white. A further breakout towards the lower red trendline and bearish continuation critical line 2 (146.35) would bolster to this scenario. Otherwise please be careful for any truncated wave 5 scenario refering toward the alt count in magenta. Happy weekends and good luck.

Gbp vs Jpy (1H) - Preferably, I'm looking forward market to perform a bearish continuation trend refering to the alt count in aqua and white. Otherwise, please be careful for a truncated scenario in magenta.

Gbp vs Jpy (Daily) - Favourably, I'm looking forwards for a breakout to the bearish continuation critical line 1 to bolster towards a bearish continuation trend scenario. Otherwise, please be careful for any bullish rally to complete the unfinish wave 2 in magenta.

Gbp vs Usd (Daily) - Favourably, I believed market will perform a bearish reversal trend to perform corrective wave c in yellow. Otherwise, please be careful for any bullish trend to complete the unfinish corrective wave b in magenta.

AUD (Daily) - Preferably, I'm looking forward market to complete subcorrective wave a in white before expecting for a bullish retracement trend perhaps to complete a "Head and Shoulder" pattern (bearish reversal) for subcorrective wave b. Therefore, advisable to look for a good opportunity towards a bearish reversal entry signal from BSTS later within this week. Otherwise, please be careful for another bullish rally scenario to complete wave v n 5 refering towards the alt count in yellow. Good luck.

Due to the strong bounce, therefore I believed wave iii in white is already completed. Favourably, I'm looking forward market to perform another bearish continuation trend to complete wave v in white. Otherwise, please be careful for a possibility market to perform corrective wave c in magenta. Good luck.

At this moment, I'm looking forwards market to perform a bearish continuation trend scenario to perform subwave 3 in aqua. A true breakout towards the bearish continuation critical line 2 would bolster towards this scenario. Otherwise, please be careful for any bullish trend perhap to complete subcorrective c (2) in magenta. Good luck.

Preferably, I believed market in progress to to complete subwave 3 in aqua. Therefore, please be careful for any bullish retracement trend scenario to perform subwave 4 later or a strong bullish retracement to perform wave 2 in magenta. Good luck and "Selamat Hari Raya Aidil Adha & Maaf Zahir Batin".

Gbp vs Jpy (1H) - At this moment, I believed market in progress to perform a major wave 5 either in white or magenta. Favourably, I'm looking forward market to perform another bearish continuation trend scenario either to complete a truncated subwave 5 in aqua or an impulsive subwave v in white. Therefore, advisable to look for a bearish continuation entry signal from BSTS later. But, please be noted that market may perform a strong bullish retracement trend to complete wave 2 magenta before another bearish continuation trend scenario.

Gbp vs Jpy (Daily) - Preferably, I believed market in major bearish continuation trend scenario either in white or magenta. A strong breakout towards the bearish continuation critical line 2 would bolster toward the alt count in white. Otherwise we may need to wait a "pullback scenario" for completion of subwave ii in magenta before expecting for another bearish continuation trend scenario.

AUD (Daily) - Favourably, I believed market in progress to complete the right shoulder of "Head and Shoulder" bearish reversal pattern of corrective subwave b in white. A pullback from the upper green trendline and a breakout towards the yellow neckline would bolster towards this scenario. Therefore, advisable to look for a bearish continuation entry signal from BSTS later. Otherwise, please be careful for any strong bullish scenario or any breakout towards the upper green trendline. Good luck.

Gbp vs Jpy (1H) - At this moment, I believed subwave 4 still in progress either refering to the alt counts in aqua or white. A pullback from the R3 or 61.8% critical line would bolster towards this scenario. Otherwise, please be careful for any breakout towards the aqua/white critical line.

Gbp vs Usd (Daily) - Preferably, I believed market will perform a major bearish reversal trend either in yellow or magenta. Otherwise, please be careful for any breakout towards the upper dotted yellow trendline. Good luck.

At this moment, I'm looking forward market to perform a bearish continuation trend scenario to complete either a truncated subwave 5 in aqua or an impulsive subwave 5 in white as long the aqua/white critical line is remain intact. Otherwise, please be careful for any breakout towards the upper green trendline. Good luck.

At this moment, due to the strong bullish trend, therefore please be noted that the previous alt count in aqua/white is already invalid. Favourably, I'm looking forward for a pullback scenario from the R3 critical line (magenta) or green upper trendline (white) for another bearish continuation trend scenario. Good luck.

Favourably, I'm looking forward for any possibility towards a bearish continuation trend refering to the alt count in magenta. A breakout towards the S3 critical line and lower red trendline would bolster towards this scenario. Otherwise, we may see another bullish breakout toward the upper green trendline and bullish continuation critical line 1. Please be extra careful for NFP announcement tonight at 9.30pm (GMT+8). Happy weekends and good luck.

At this moment, please analyse all possibile alt counts. Favourably, I'm looking forward for a bullish retracement trend either to perform subcorrective wave b (Head & Shoulder) in white or a truncated subwave 5 in magenta. Otherwise, please be careful for any breakout towards the magenta/white critical line. Good luck

Hi!!!!. As for me I cant understand the pair to the end. I have some variants. But I know exactly where I am going to buy if the pair doesn't achieve the low 139.

At this moment, I believed market in progress either to complete subwave v (wave 1) in white or magenta before expecting for a bullish retracement trend to perform wave 2. A breakout towards the bearish continuation critical line 1 would bolster towards the alt count in magenta. Otherwise, a breakout towards the magenta critical line would indicate the market is already in progres to complete subcorrective wave c and 2 in white. Good luck