Daily GBP/JPY analysis

am going to try this.

At this moment, I believe market in progress to complete subcorrective wave b either refering to the alt counts in yellow (HnS) or aqua (double top/bull trap). Therefore, I'm looking forward for a potential of bearish reversal trend scenario to perform subcorrective wave c later. Otherwise, this scenario will be invalid if market perform a strong breakout to the aqua/yellow critical line. Good luck.

At the moment, due to the breakout toward the previous aqua/yellow critical line, therefore please analyse latest 3 potential scenario. Yesterday breakout indicate that market in progress to complete subwave 5 either refering to the alt counts in yellow, aqua or white. A valid diagonal triangle pattern later would determine that the bullish trend is already exausted. Otherwise, please be careful for a potential of an extension of subwave 5 in white. Good luck.

At this moment, market a bit more bias toward either a bull trap scenario in aqua or further bullish continuation trend scenario in white. Otherwise, we may see a pullback scenario to perform a bearish reversal trend in yellow. Please be extra careful for tonight NFP announcement at 8.30pm (GMT +8). Happy weekend and good luck.

At this moment, I believe market in progress to complete sub v in 5 either refering to the alt counts in yellow or white. Therefore, I'm looking an opportunity toward the bearish reversal trend scenario to perform subcorrective wave a either in white or yellow. Otherwise, please be careful for a possible bull trap pattern in aqua. Good luck.

At this moment, I'm looking forward for a potential of bearish reversal trend scenario either refering to the alt counts in yellow or white. A breakout toward the lower red trendline would bolster to this scenario. Otherwise, we may see a bullish continuation trend scenario to complete the unfinish subwave v in 5 in aqua. Good luck.

Gbp vs Jpy (1H) - Please be noted that due to the strong breakout, therefore I have to do a major recount to all potential alt counts. At this moment, I believe market in progress to complete 3 either in white, aqua or yellow. Therefore, I'm looking forward for any potential toward a bearish retracement trend scenario.

Gbp vs Jpy (Daily) - Preferably, I believe market already complete a truncated major wave 5 either refering to the alt counts in yellow or white. Therefore, I expecting market in progress to perform major corrective wave a either in yellow or white. Good luck.

Hello All , just want to share my forecast

Any coment , cant it hapen?

At this moment, I'm looking forward for a potential or bearish retracement trend scenario either to perform subcorrective wave c in iv (yellow) or in 4 (white). A pullback from the R3 critical line and follow by a breakout to the lower red trendline would bolster to this scenario. Otherwise, we shall see an extension of wave 3 in aqua. Good luck.

Preferably, I'm looking forward for a potential of market to perform either a bearish retracement trend scenario (yellow or white) or a bearish reversal trend scenario (magenta). Otherwise, we may see another bullish continuation trend scenario in aqua. A breakout from the horizontal flat zone is still yet remain to be seen to determine which scenario that is in favour. Happy weekend and good luck.

At this moment, a breakout to the aqua critical line is necessary to bolster toward either a bearish retracement trend scenario (yellow or white) or a bearish reversal trend scenario (magenta). Otherwise, we may see another bullish continuation trend scenario in aqua. Good luck.

At this moment, market already at the major lower red trendline. Favourably, please be careful toward a potential of another bullish continuation trend scenario either to perform subwave v in aqua, major wave 5 in yellow or corrective wave b in magenta. Otherwise, we may see another bearish continuation trend scenario to complete either an extension of wave a or major wave 4 in white. Good luck.

Yes, still betting on uptrend atm. JPY weakness all over the board from last 3 weeks and some strong GBP bias in my opinion.

Technically, I am also betting on the end of consolidation which could occur this week. Really see that we saw 135,90 as the lowest point this week and again a strugle back to 140 level.

At this moment, I'm looking forward for a potential of bearish continuation trend scenario either to complete corrective wave a in yellow or corrective wave c in magenta/white. A strong breakout toward the aqua critical line would bolster to this scenario. Otherwise, please be careful for another potential of bullish continuation trend scenario perhap to complete a double top of corrective wave b in aqua.

Maybe we can see a double bottom on 4H, but we can really see some further sell pressure on currencies against JPY. JPY this week was bought around 1,88%, on the other hand GBP was sold till now for about -0,86%. Not a pair to go long with. Still, myself long on average 136,31 and waiting something to happen.

Daily candles not looking good also. Still, I think if we see a push around 137 level, we could again try to test 140.

Staying in this trade only cus of JPY weakness last 3 weeks. I see that it could continue also this and next week.

Preferably, I'm looking toward an opportunity for a bearish reversal trend scenario refering to the alt count in yellow. A pullback from either fibo critical line 50% or 61.8% would bolster to this scenario. Otherwise, we may see a further bullish continuation trend scenario either to complete a double top of corrective wave b in aqua or major wave 5 in white. Happy weekend and good luck.

my count is different..

Gbp vs Jpy (1H) - At this moment, I'm looking forward for a potential of futher bearish continuation trend scenario either to complete wave 4 in white or corrective wave C in yellow. A breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful for another bullish continuation trend scenario in aqua.

Gbp vs Jpy (Daily) - Preferably, I believe market in bearish retracement trend scenario either to complete subwave 3 in white or subwave 2 in yellow before expecting toward another majir bullish continuation trend scenario to complete major corrective wave a. Otherwise, please be careful for a potential of magenta scenario. Good luck.

strong support above the yellow line. I use Fibonacci grids.

It's not strong until we test it for weakness