Daily GBP/JPY analysis

At this moment, price already break the lower red trendline but the support critical line at 131.713 still remain intact. Favourably, I'm looking forward for a further bearish continuation trend scenario to complete subwave iii in magenta. Otherwise, this scenario is invalid if the price break the magenta critical line later. Good luck.

Favourably, I'm looking forward market to perform a bullish continuation trend scenario to complete corrective wave b in yellow before expecting for a bearish reversal trend scenario. Otherwise, we may see a bearish continuation trend scenario in magenta. Good luck.

so i should buy, right? please help, i'm really new. thanks

At this moment, I'm expecting towards a bearish continuation trend scenario either refering to the alt count in aqua or yellow. Please be extra careful for any bullish trend either to complete the unfinish corrective wave b (yellow) or wave 5 (white). Good lucks.

At this moment, I'm looking towards a breakout to the lower red trendline to bolster a bearish continuation trend scenario either in yellow or magenta. Otherwise, please be careful for a breakout to the R3 critical line. Good luck.

http://img401.imageshack.us/img401/3038/gj1hb.gif

JebatFX once again I would like to thank you for your insight. Yesterday was a very successful day for me and GBP/JPY!

You are welcome. Be extra careful for tonight NFP announcement. Happy weekends.

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Gbp vs Jpy (1H) - At this moment, please be careful for any possibility towards a bullish continuation trend scenario either to perfom subwave ii in yellow or the unfinish wave 5 in white. Otherwise, we may see another strong bearish continuation trend scenario to complete subwave iii in magenta.

Aud vs Usd (Daily) - At this moment, I'm looking towards a "double top" and a major bearish reversal trend scenario the perform corrective wave a in yellow. Otherwise, please be careful for another bullish rally to complete the unfinish of wave 5 in magenta (bull trap).

Aud vs Cad (Daily) - I believed market just performed a "bull trap" scenario of major corrective of wave b and expecting towards a major bearish reversal trend to perform major wave C either in yellow or white.

Aud vs Cad (4H) - Preferably, I believed just perform a subcorrective wave b in yellow and therefore, I'm looking forwards for a bearish reversal trend to complete subcorrective wave c in higher degree of corrective wave a in yellow. Otherwise, please be careful for another breakout towards the bullish continuation critical line 1. Happy weekends and good luck.

Picture perfect 0.618 retrace on GBPJPY 4hr.

Good call on the AUD/CAD. I took 56 pips from a sell stop. Lost internet connectivity for a spell, thank god for TP! NFP was CRAZY on the market today! -95k WOW!

Hi guys, a nice pinbar formed on daily chart. 61.8 level matches the pre-intervention support. Could be a good moment to go long...

At this moment, I'm looking forward towards a potential bullish reversal trend scenario either refering to the alt counts in yellow or white (c completed). Therefore, advisable to look for an opportunity towards a bullish reversal entry signal from BSTS later. Good luck.

Favourably, I'm looking forward for a potential bullish trend scenario either to perform wave 1 in yellow or subwave ii in aqua. A breakout towards the green upper trendline would bolster to this scenario. Otherwise, we may see another bearish continuation trend scenario perhap to complete subwave iii in magenta or wave C in white. Good luck.

At this moment, price already break the lower bear channel. But favourably, I'm looking towards a potential "bear trap" scenario in white. A strong bounce scenario later would bolster to this alt count in white. Otherwise, we may see another bearish continuation trend to complete the unfinish of subwave v in magenta. Good luck.

good work jebatfx, i will check out this thread more often.

you are welcome. Happy trading.
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Favourably, I believed market in progress to perform subcorrective wave c either in white or yellow. But, please be noted that market is possible to perform a bearish trend 1st to complete subwave b in yellow before another bullish continuation trend. Further, please be careful for a possible "rising wedge" pattern later. Good luck.

Good buy.

Preferably, I believed market have a potential to perform a bearish continuation trend scenario either to perform subwave b in yellow or wave 5 in magenta. A valid "rising wedge" pattern and followed by a breakout towards the lower yellow trendline would bolster to this scenario. Otherwise, we may see a strong bullish trend to perform subwave 3 in white. Happy weekends and good luck.

At this moment, I'm looking forward towards a bullish reversal trend opportunity either refering to the alt count in white or yellow. Oherwise, please be careful for another bearish continuation trend scenario in magenta. Please analyse BSTS entry plan before making any decission. Good luck.

At this moment, I believed market just completed a "bear trap" pattern and therefore, I'm expecting market to perform a bullish reversal trend scenario to complete subcorrective wave c either in white or yellow. A breakout towards the pivot critical line would bolster to this scenario. Otherwise, please be careful for any breakout towards the S3 critical line. Good luck.

Gbp vs Jpy (1H) - Please be noted that the previous alt count in white and yellow is already invalid. Preferably, I believed bear trend is already exhausted and therefore, I'm still looking toward a potential bullish reversal trend scenario later either refering to the alt count in white or yellow.

Eur vs Usd (4H) - Preferably, I believed market in progress to perform either corrective wave a in magenta or subwave iv either in white or yellow. Another bullish continuation trend would bolster to the "head and shoulder" bearish reversal pattern refering to the alt count in magenta. Otherwise, we may see another bearish retracement trend scenario either to complete subwave iv in white or yellow.

Aud vs Cad (4H) - Favourably, I believed the bullish rally is already exhausted and therefore, I'm looking forward for a potential bearish reversal trend scenario in yellow. A valid diagonal triangle pattern would bolster to this scenario. But, please be careful that we may see a "bull trap" pattern to perform major wave 5 in white. Good luck.