An Elliot Wave Technical Analysis For GBP Vs JPY

At this moment, a significant breakout either toward the R3 or S3 critical line is still yet remain to be seen to decide which alt counts that is more in favour. Preferably, I'm looking forward for a potential bullish continuation trend scenario either refering to the alt counts in yellow or white (horizontal triangle corrective pattern). Good luck.

Favourably, I'm looking forward for a potential bullish continuation trend scenario either refering to the alt counts in yellow or white. A strong breakout to the R3 critical line would bolster to this scenario. Otherwise, we may see a pullback scenario (bearish reversal) to complete sub corrective wave c in aqua. Please be extra careful toward the NFP announce tonight at 9.30pm (GMT +8). Happy weekend and good luck.

2 things
1 - i like your thread
2 - do you use any indicators for eliot because i am using motive wave when counting waves its best but i want to know your secret
Best Regards

[quote=fxmoneyz;4446200]2 things
1 - i like your thread
2 - do you use any indicators for eliot because i am using motive wave when counting waves its best but i want to know your secret
Best Regards[/QUOTE

Sorry, what do you mean by motive wave? Is it manual counting of wave or indicator for counting wave? If is it indicator can you kindly share it with me.

Thanks million.

Happy pips

“IF YOU GIVE A MAN A FISH, HE WILL HAVE A SINGLE MEAL BUT IF YOU TEACH HIM HOW TO FISH HE WILL EAT THROUGHOUT OF HIS LIFE”

At this moment, I believe market in progress either to complete subwave 2 (yellow) or subwave 1 (white or aqua) before expecting to a potential bullish continuation trend scenario either to perform subwave 3 (yellow) or subwave 2 (white or aqua). More likely, a potential bearish reversal trend scenario either refering to the alt count in white or aqua is more in favour. Good luck.

At this moment, I'm looking forward for a potential of bearish reversal trend scenario either refering to the alt counts in aqua or white. A pullback from the pivot or R3 critical line and follow by a breakout toward the S3 critical line would bolster to this scenario. Otherwise, we may see another bullish continuation trend scenario in yellow. Good luck.

At this moment, I'm lloking forward for a potential of "Head and Shoulder" bearish reversal pattern refering to the alt count in aqua scenario. A pullback from either fibo ret critical line 50% or 61.8% would bolster to this scenario. Otherwise, we may see a potential triple top scenario in white or another strong bullish continuation trend scenario to complete subwave 3 in yellow. Good luck.

At this moment, I'm looking forward for any potential toward a valid "Head and Shoulder" bearish reversal pattern refering to the alt count in aqua scenario. A pullback from the fibo ret 61.8% and follow by a breakout toward the lower aqua trendline and pivot critical line would bolster to this scenario. Otherwise, please be careful for any further bullish continuation trend scenario.

Preferably, I believe market in progress to perform a bearish reversal trend scenario either refering to the alt count in aqua or magenta. A further breakout to the yellow critical line would bolster to this scenario. Otherwise, please be careful for a possible bounce scenario in white or yellow. Happy weekend and good luck.

At this moment, I believe market in bullish retracement trend scenario either to complete subwave iv (magenta or white) or subcorrective wave b (yellow or aqua). Therefore, I'm looking forward for a potential of bearish continuation trend scenario once this retracement is complete. Otherwise, please be careful for any breakout toward the bullish continuation critical line 2. Good luck.

At this moment, I'm expecting market to perform a bearish continuation trend scenario once the retracement is completed. Either we shall see a pullback from the upper green trendline or market will perform a bull trap scenario 1st. to complete subcorrective wave a in yellow before a pullback is still yet remain to be seen. Otherwise, please be carefull for any breakout toward the R3 critical line. Good luck.

At this moment, please analyse all possible alt counts. Preferably, I'm looking toward a potential of bullish reversal trend scenario either refering to the alt count in yellow, white or aqua. A breakout toward the aqua/white critical line would bolster to this scenario. Please be noted that there is a potential to see a double bottom or a bear trap scenario before a reversal. Good luck.

Gbp vs Jpy (1H) - Please be noted that due to the strong bearish continuation trend scenario, the previous alt counts was already invalid. Preferably, I believe market just in bullish retracement trend scenario before expecting market to perform another bearish continuation trend scenario either to complete corrective wave B in yellow or wave 5 in aqua (truncated) or wave 5 in white (impulsive).

Gbp vs Jpy (Weekly) - At this moment, I believe market in progress to complete major wave 5 either refering to the alt count in yellow, aqua or white. Preferably, I'm looking toward a potential of truncated major wave 5 (bullish reversal) either in yellow or aqua. Good luck.

At this moment, I believe market in progress to complete corrective wave A either refering to the alt counts in yellow, aqua or white. Therefore, once this completed, I'm looking forward for a bearish retracement trend scenario to complete corrective wave B. A valid trap pattern and follow by a breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, we may see an extension of corrective wave A either in aqua or white. Happy weekend and good luck.

At this moment, please analyse all 3 potential alt counts. Preferably, I'm looking toward a bullish continuation trend scenario either refering to the alt counts in yellow or white. Otherwise, we may see a strong bearish retracement trend scenario on aqua. Good luck.

At this moment, I'm looking forward for a potential of either bearish retracement trend scenario in yellow or bearish reversal trend scenario in aqua. A strong pullback from the aqua critical line and follow by a breakout to the white critical line would bolster to this scenario. Otherwise, we may see market to perform a bullish continuation trend scenario to complete subwave 5 in white. Good luck.

Preferably, I believe the bullish trend is already exausted and therefore, I'm looking forward for a potential of bearish reversal trend scenario either refering to the alt counts in aqua or yellow. A valid diagonal triangle pattern and a breakout toward the lower red trendline would bolster to this scenario. Otherwise, we may see a potential of "bull trap" pattern later. Good luck.

At this moment, I believe market in progress either to complete either a corrective wave a in aqua or yellow (reversal) or wave 4 in white (retracement). Please be careful for any potential of bullish retracement trend scenario perhap to complete right shoulder later. Good luck.

At the moment, a further breakout to the yellow critical line is still yet remain to be seen to bolster either refering to the alt counts in aqua or white scenario. Please be extra careful since market have a strong potential to perform a bullish trend either to complete corrective wave b in yellow or wave 5 in white later. Happy weekend and good luck.

At the moment, I'm looking forward for a potential toward a bullish trend either to complete subcorrective wave b in aqua or yellow; Or subwave 5 in white. A breakout toward the upper green trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the bearish continuation critical line 1. Good luck.