Daily GBP/JPY analysis

At this moment, market still ranging and I believed this is due to the preNFP awareness sentiment that will be announce this Friday. Favourably, I'm still looking towards a potential bullish continuation trend scenario. A strong bounce from the lower red trendline would bolster to this scenario. Otherwise, please be careful if the critical line is taken. Good luck.

symmetrical triangle on the H1

but seeing the action surrounding the pair from hail,.....i am sure the gbp/jpy will go up after a low this morning somewhere in there....also sending the other gbp/xxx pairs up big time.

I'm thinking a pullback to 130.80 anyone else agree?

Had a few longs at 130.80, should have held for NFP lol.

At this moment, I'm expecting towards a bearish retracement trend scenario either to perform subwave 4 in aqua or corrective wave b either in yellow or magenta. Otherwise a bounce from the pivot critical line would favour towards the alt count in white perhap to complete subwave 3. Good luck.

At this moment, I'm looking forward for a bullish trend either to complete subcorrective wave b in yellow (Head & Shoulder) or wave 5 either in aqua or white. A bounce from the lower yellow channel would bolster to this scenario. Otherwise, please be careful for a breakout towards the bearish continuation critical line 1. Good luck.

At this moment, favourably I believed market in progress to perform either subcorrective wave b either in white or magenta (double top) before expecting towards a bearish reversal trend to complete subwave c in b. A valid "Head and shoulder" reversal pattern would bolster to this scenario. Otherwise, we may see another bullish rally to complete subwave 5 either in aqua or white. Good luck.

hi all

been trading this pair for a while but im still learning..


ill post up some of my charts

Looking forward to discussion

Nick

Nice to meet u. Welcome for sharing.
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At this moment, please be noted that the previous alt counts in yellow and white was already invalid. A further breakout toward the aqua critical ine would indicate that market may in progress to complete subwave v in white before expecting for any potential toward a bearish reversal trend scenario. Otherwise we may see a "bearish retracement trend" scenario either to perform subwave iv in yellow OR a "bearish reversal trend" scenario to perform subcorrective wave a, b and c in aqua. Good luck.

At this moment, I'm looking forward towards a potential bearish reversal trend scenario either refering to the alt count in aqua or white. Please be noted that market have a potential to perform a "bull trap" pattern 1st refering to the alt count in white before any potential towards a bearish reversal trend scenario. A "diagonal reversal pattern" would bolster to ths scenario. Happy weekends and good luck.

At this moment, I'm looking forward to a potential "bull trap" scenario and therefore, I believed market will perform a bearish reversal trend scenario later. A "pullback" from the white/aqua critical line or R3 critical line and follow by a breakout towards the pivot critical line would bolster to this scenario. Otherwise, please be careful for another exausted bullish rally refering to the alt count in yellow. I also would like to take this opportunity to wish all muslims a Happy Hari Raya AidilAdha and maaf zahir batin. Careful in driving to your hometown. Good luck.

Favourably, I believed market just perform a "bull trap" scenario and I'm expecting market to falls down to complete subcorrective wave a refering to the alt count in white. Otherwise, please be careful for any breakout towards the white/aqua critical line. Happy Holidays and good luck.

Preferably, I'm looking forward towards a bearish continuation trend scenario either to perform an extension of corrective wave a in aqua or corrective wave c in yellow. A breakout towards the white critical line would bolster to this scenario. Otherwise, please be careful for another bounce scenario from the lower bull channel trendline perhap to complete corrective wave b in white. Good luck.

At this moment, please be noted that the previous alt counts in yellow and aqua is already invalid. Favourably, I believed market just performed a "bull trap" scenario and therefore, I'm looking towards a potential bearish reversal trend either refering to the alt count in aqua or white. Otherwise, I believed we shall see another bullish rally perhap to complete a "diagonal triangle" reversal pattern in yellow. Happy weekends and good luck.

Preferably, I believed market in progress to perform a bearish reversal trend scenario either to perform subwave 3 in aqua or corrective wave a in white. A breakout towards the bearish continuation critical line 1 and lower channel trendline would bolters to this scenario. Otherwise, please be careful for another bullish rally and breakout towards the aqua/white critical line. Good luck.

At this moment, market already break the lower yellow channel trendline. Favourably, I believed market in progress to perform a bearish reversal trend scenario to complete corrective wave C either in aqua, white or yellow. But, please be noted that market have to perform a bullish retracement trend scenario either to perform subwave 2 in aqua or corrective wave b in white. A bounce from the aqua/white critical line would bolter to this scenario. Otherwise, we may see an extension of corrective wave a in yellow. Good luck.

At this moment, I believed market already performed a bearish reversal trend scenario to complete subwave 3 either in aqua (extension) or white. Favourably, I'm looking forward for a bullish retracement trend scenario either to complete subwave 4 in white or corrective wave b in yellow before expecting for another bearish continuation trend. Otherwise, we may see an extension of subwave 3 in aqua. Good luck.

Favourably, I believed market just in progress to complete the subwave 4 either in white or aqua. Therefore, I'm expecting towards a bearish continuation trend scenario either to perform subwave 5 in aqua or white. A further breakout to the s3 critical line later would bolster to this scenario. Otherwise, this scenario would be invalid if market further breakout to the aqua/white critical line. Good luck.

Preferably, I believed market will perform another bearish continuation trend scenario either in white or aqua. A valid "rising wedge" pattern, a pullback from the pivot critical line and follow by a breakout towards the lower white trendline would bolster to this white scenario. Otherwise, please be careful for any breakout towards the white critical line.