An Elliot Wave Technical Analysis For GBP Vs JPY

Gbp vs Jpy (1H) - At this moment, I'm looking forward for a potential bullish continuation trend scenario refering to the alt count in aqua. Otherwise, please be careful for any breakout toward the pivot critical line either to perform subcorrective wave c/4 in yellow or corrective wave c in white.

Gbp vs Usd (4H) - At this moment, I'm looking forward for a potential bearish reversal trend scenario refering to the alt count in yellow. A strong breakout toward the aqua/white critical line would bolster to this scenario. Otherwise, we may see another bullish continuation trend scenario to perform either the incomplete of corrective wave b in white or motive wave 5 in aqua. Good luck and happy weekend.

At this moment, I believe market more in favour toward either a bearish reversal trend scenario in white or a bearish retracement trend scenario in yellow. A valid diagonal triangle pattern would bolster to this scenario. Otherwise, we may see a "bull trap" pattern or another strong bullish continuation pattern to complete subwave v in aqua. Good luck.

If gbpjpy breaks down 129.00 area...looking for lower

At this moment, market just consolidated between the S3 and R3 critical line. A breakout is important to determine which alt count that is in favour. Preferably, I'm looking forward for a potential further bullish continuation trend scenario either refering to the alt count in yellow or aqua. Otherwise, we may see a bearish reversal trend scenario in white. Good luck.

At this moment, I believe market in progress to complete major wave 5 either refering to the alt counts in aqua, white or yellow. Therefore, advisable to look for a potential toward a bearish reversal trend scenario later to perform corrective wave a,b and c. Good luck.

At this moment, I'm looking forward for either a bearish retracement trend scenario to perform subwave iv (aqua or yellow) or a bearish reversal trend scenario to perform subcorrective wave a in white. Please be noted that market have potential to perform a bullish continuation trend scenario either to complete subwave v in aqua (diagonal triangle pattern) or subwave v in yellow before expecting for a reversal. Good luck.

At this moment, I believe market have a strong potential to perform a bearish reversal trend refering to the alt count in aqua. A valid "diagonal triangle" pattern and follow by a breakout toward the lower aqua trendline would bolster to this scenario. Otherwise, we may see a bull trap scenario perhap to perform the incomplete of wave 5 in white. Happy weekend and good luck.

At this moment, I believe the bullish trend will end soon and market just completed the "bull trap" pattern either refering to the alt counts in aqua or white. A breakout to the pivot critical line and lower white trendline would bolster to this scenario. Otherwise, the exausted bull market may going up to complete the unfinish of wave 5 in yellow. Good luck.

At this moment, I'm looking forward for a potential bearish reversal trend scenario either to complete subcorrective wave a in aqua or corrective wave a in white. A breakout toward the pivot critical line would bolster to this scenario. Otherwise, I believe market may perform a bull trap scenario to complete wave 5 in yellow. Good luck.

At this moment, please be noted that the previous alt counts in aqua and white is already invalid. Preferably, I believe market just performed a "bull trap" scenario either to complete major wave 5 (yellow or aqua) or major wave 3 in white. Therefore, I'm expecting market to perform a bearish trend either a reversal (aqua or yellow) or only a retracement (white). A breakout to the pivot critical line would bolster to this scenario. Please be careful for another bullish trend either to complete subcorrective wave b in aqua/yellow or major wave 5 in white. Good luck.

At this moment, I believe market in progress to complete either subcorrective wave a in aqua or yellow; OR motive wave 4 in white. Please be noted that I'm expecting market to perform a bullish continuation trend scenario either to complete subcorrective wave b or motive wave 5 in white. A potential "Head and Shoulder" pattern would bolster to the bearish reversal trend scenario either in aqua or yellow. Good luck.

At this moment, market already performed a strong bullish continuation trend scenario. Preferably, I believe market in progress to complete subcorrective wave b either in aqua or yellow before expecting for a bearish reversal trend scenario to complete subcorrective wave c. A pullback from the R3 critical line and follow by a breakout toward the pivot critical line would bolster to the alt count in aqua scenario. Otherwise, please bear in mind that we may see a "bull trap" scenario to complete a "double top" of subcorrective wave b in yellow or further bullish continuation trend scenario to perform the incomplete of major wave 5 in white. Happy weekend and good luck.

At this moment, a significant breakout is still yet remain to be seen to determine which alt count that is in favour. Preferably, I'm looking forward for a potential strong breakout toward the major red lower trendline and pivot critical line to bolster the bearish reversal trend scenario in aqua. Otherwise, please be careful for any bounce scenario later. Good luck.

At this moment, I believe market already in bearish reversal trend scenario. But please be noted that I'm expecting market will perform a bullish retracement trend scenario to complete subwave iv in yellow with condition subwave iii is already completed. Otherwise, we may see another bearish continuation trend scenario to complete an extension of subwave iii in aqua before any potential bullish retracement trend scenario. Good luck.

At this moment, I believe market in progress to complete subwave iv either refering to the alt counts in yellow or aqua. Therefore, I'm looking forward for a potential bearish continuation trend scenario to complete subwave v in C later. A pullback and follow by a breakout toward the pivot critical line would bolster to this scenario. Otherwise, this scenario would invalid if market further break the aqua/yellow critical line. Good luck.

thank u jebat for the analysis youve been doing on this pair

You are most welcome. Happy trading.
-----------------------------------------------------------------------

Please be noted that the previous alt counts in aqua and yellow is already invalid. At this moment, I believe market in progress either to complete subwave iv in yellow or subwave ii in aqua or subwave i in white. Therefore, I'm expecting market will later perform another bullish continuation trend scenario to complete the respective alt counts wave. Happy weekend and good luck.

At this moment, I believe market in bullish continuation trend scenario either to complete corrective wave b (yellow or aqua) or motive wave 5 (white). A breakout toward the S3 critical line would bolster to the alt count in yellow bearish reversal trend scenario. Otherwise, we may see a bullish continuation trend scenario to complete subwave v in aqua or subwave iii in white. I hereby also would like to take this opportunity to wish a Happy Chinese New Year 4709, wish u and your family a year filled with prosperity, good health and happiness. Happy holiday and good luck.

Preferably, I believe market in progress to perform a "bull trap" scenario either to complete subwave v/b in aqua or yellow before expecting a bearish reversal trend scenario. Therefore, advisable to look for any good opportunity toward a bearish reversal entry signal from BSTS later. Otheriwise, please be careful for any potential toward a strong bullish continuation trend scenario in white. Good luck.

Favourably, I believe market in progress to perform a bearish reversal trend scenario either refering to the alt counts in yellow or aqua. Please be careful for any potential toward a bullish retracement trend scenario to perform subwave 2 later. Otherwise, we may see a horizontal triangle corrective pattern abcde in 4 refering to the alt count in white which would favour toward a potential bullish continuation trend scenario to complete major wave 5. Please be careful for NFP annoucement at 9.30pm tonight (GMT +8). Happy weekend and good luck.