An Elliot Wave Technical Analysis For GBP Vs JPY | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

GBPCHF Buying Wave (V) Elliot Wave 0 replies

Elliot wave Analysis in stocks 106 replies

Elliot wave analysis - Multiple pairs 8 replies

Rao Journal: Elliot Wave Analysis 38 replies

usd/jpy elliot wave 5 replies

Attachments: An Elliot Wave Technical Analysis For GBP Vs JPY
Exit Attachments

An Elliot Wave Technical Analysis For GBP Vs JPY

  • #701
  • Apr 25, 2011 5:05pm Apr 25, 2011 5:05pm
At this moment, market still ranging between the R3 and pivot critical line. Any breakout is still yet remains to be seen before can determine which alt counts that is in favour. A breakout to the pivot critical line would favour to the alt counts either in aqua or yellow. Otherwise, a bounce from pivot critical line would favour to the alt couns either in magenta or white. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 39 KB
  • #702
  • Apr 26, 2011 5:07pm Apr 26, 2011 5:07pm
Preferably, I'm looking forward for a potential of bullish reversal trend refering to the alt count in yellow (Bear Trap). A valid sub-diagonal triangle pattern would bolster to this scenario. Otherwise, we may see another bearish continuation trend scenario in aqua. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 39 KB
  • #703
  • Apr 27, 2011 5:21am Apr 27, 2011 5:21am
congratulations Jebatfx, hope u made some decent pips from this bullish break. Btw, how do you determine the bear trap in your last chart ?
  • #704
  • Apr 27, 2011 11:54am Apr 27, 2011 11:54am
Quoting Ghost Hunter
congratulations Jebatfx, hope u made some decent pips from this bullish break. Btw, how do you determine the bear trap in your last chart ?
That was an obvious bear trap if you see a low volume move when all three major markets are closed it usually is a false break.
  • #705
  • Apr 27, 2011 5:35pm Apr 27, 2011 5:35pm
Quoting Ghost Hunter
congratulations Jebatfx, hope u made some decent pips from this bullish break. Btw, how do you determine the bear trap in your last chart ?
Hi,

You can figure out if u familiar with this pair market bahaviour plus like mrroboto said, u can also figure out by monitoring the volume, strength, pattern etc. Happy trading.
--------------------------

At this moment, please analyse all potential alt counts. A further bullish continuation trend scenario would bolster to either alt counts in white or magenta. Otherwise, if market pullback again then we may see either only a retracement to complete subcorrective wave b in yellow or a bearish reversal trend scenario to perform corrective wave C in aqua. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1h.gif Size: 39 KB
  • #706
  • Apr 28, 2011 5:04pm Apr 28, 2011 5:04pm
At this moment, I'm looking forward for a potential of further bullish continuation trend scenario either refering to the alt counts in yellow, white or magenta. A breakout toward the R3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the bearish continuation critical line 2. Happy weekend and good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 39 KB
  • #707
  • May 2, 2011 6:17pm May 2, 2011 6:17pm
At this moment, market showed more potential toward a bearish reversal trend scenario refering to the alt count in aqua. A breakout to the bearish continuation critical line 1 would bolster to this scenario. Otherwise, I'm looking forward for a potential of bounce scenario refering to the alt count in yellow. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 39 KB
  • #708
  • May 3, 2011 5:38pm May 3, 2011 5:38pm
At this moment, market is more favour toward either refering to the alt counts in aqua or magenta. Another breakout toward the S3 critical line would bolster to this scenario. Otherwise, we may see a "double bottom" bullish reversal scenario refering to the alt count in yellow. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 39 KB
  • #709
  • May 4, 2011 4:39pm May 4, 2011 4:39pm
At this moment, I'm looking forward for a potential of "bear trap" scenario refering to the alt count in yellow. A bounce and follow by a breakout toward the pivot critical line would bolster to this scenario. Otherwise, I believe market may perform a bearish continuation trend scenario either refering to the alt counts in aqua or magenta before expecting any potential of bullish reversal trend scenario.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #710
  • May 5, 2011 6:21pm May 5, 2011 6:21pm
At this moment, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in aqua or yellow. Otherwise, we may see another bearish continuation scenario to complete subwave v in magenta. Please be extra careful toward NFP announcement tonight at 8.30pm (GMT +8). Happy weekened and good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #711
  • May 5, 2011 6:56pm May 5, 2011 6:56pm
Hi, I came across this Elliot Wave count from a pro technical analysis website, I want to ask the Expert of this forum : where is a-b-c correction in this count ? After wave 5 finish, they start new impulsive wave 1 right away without the abc correction, I'm confuse and need more explaination, I appreciate a lot.
http://www.marketvisiontv.com/feeds/...large/5690.png
fxcm blogspot com
  • #712
  • May 8, 2011 5:28pm May 8, 2011 5:28pm
Quoting trustbank
Hi, I came across this Elliot Wave count from a pro technical analysis website, I want to ask the Expert of this forum : where is a-b-c correction in this count ? After wave 5 finish, they start new impulsive wave 1 right away without the abc correction, I'm confuse and need more explaination, I appreciate a lot.
http://www.marketvisiontv.com/feeds/...large/5690.png
Personally, from my opinion, there should be an abc after major 5.
-------------------------------------------------------------------

Gbp vs Jpy (1H) - At this moment, a breakout toward the upper green trendline would bolster to the alt count in aqua scenario. Otherwise, we may see another bearish continuation trend scenario to perform the incomplete of corrective wave c either in yellow ("Bear Trap"), white or magenta.

Gbp vs Jpy (Daily) - Preferably, I'm looking forward for an opportunity toward a major bullish reversal trend scenario either refering to the alt count in yellow or white. A strong bounce either from the Fibo Ret critical line 50% or 61.8%would bolster to this scenario. Otherwise, please be careful toward a potential of bearish continuation trend scenario to perform the incomplete or major wave 5 in magenta. Good luck.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 42 KB
Click to Enlarge Name: gjdailyc.gif Size: 41 KB
  • #713
  • May 9, 2011 5:01pm May 9, 2011 5:01pm
Preferably, I'm looking toward an opportunity for bullish reversal trend scenario refering to the alt count in aqua. A breakout to the pivot and R3 critical line would bolster to this scenario. Otherwise, please be careful for any potential of either "bear trap" scenario or bearish continuation trend scenario. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #714
  • May 10, 2011 5:18pm May 10, 2011 5:18pm
At the moment, a breakout to the R3 critical line is still yet remain to be seen to determine either market in favour toward the alt count in aqua scenario. Otherwise, we may see another bearish trend either to complete corrective wave b (yellow) or corrective wave c (white or magenta). Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #715
  • May 11, 2011 5:21pm May 11, 2011 5:21pm
At this moment, market already pullback from the magenta critical line. Favourably, I'm looking for a potential of bullish reversal trend scenario refering to the alt count in yellow. A strong bounce either from the pivot or S3 critical line would bolster to this scenario. Otherwise, we may see a "bear trap" scenario in white. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #716
  • May 12, 2011 4:50pm May 12, 2011 4:50pm
Preferably, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or aqua. A breakout toward the pivot critical line would bolster to this scenario. Otherwise, I believe market may perform a "bear trap" pattern refering to the alt count in white. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 41 KB
  • #717
  • May 15, 2011 6:21pm May 15, 2011 6:21pm
At the moment, I believe market have a good potential to perform a bullish reversal trend scenario either refering to the alt counts in yellow or white. A valid "diagonal triangle pattern" and a breakout toward the pivot and R3 critical line would bolster to this scenario. Otherwise, market may perform another bearish continuation trend either refering to the alt counts in aqua or magenta. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 42 KB
  • #718
  • May 17, 2011 4:50pm May 17, 2011 4:50pm
Preferably, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or white. A breakout toward the upper yellow trendline would bolster to the alt count in yelllow. Otherwise, a pullback would favour toward either the alt counts in white or magenta scenario. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 41 KB
  • #719
  • May 18, 2011 7:49am May 18, 2011 7:49am
Quoting Jebatfx
Preferably, I'm looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or white. A breakout toward the upper yellow trendline would bolster to the alt count in yelllow. Otherwise, a pullback would favour toward either the alt counts in white or magenta scenario. Good luck.
Hi Jebat, could you provide a gbp/usd analysis as well like you did before. Thanks a million. Regards
STING
  • #720
  • May 18, 2011 4:44pm May 18, 2011 4:44pm
Quoting stringfx
Hi Jebat, could you provide a gbp/usd analysis as well like you did before. Thanks a million. Regards
Hi, I will try to update next monday cos I'm a bit busy right now. I have to attend a meeting soon...sry. Happy trading.
-----------------------------------------
At the moment, I'm looking forward for a potential of bullish reversal trend scenario refering to the alt count in yellow. A breakout to the pivot and R3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout toward the lower red trendline. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 43 KB
1 trader viewing now