Daily GBP/JPY analysis | Page 794 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

GBP/JPY, GBP/USD, and EUR/USD (technical analysis) 3,084 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Adwa Daily GBP/JPY analysis 23 replies

Attachments: Daily GBP/JPY analysis
Exit Attachments

Daily GBP/JPY analysis

  • #15,861
  • Jun 21, 2011 7:59pm Jun 21, 2011 7:59pm
At the moment, I'm looking forward for further bullish continuation trend scenario either refering to the alt counts in white or yellow. A breakout to the R3 and upper green trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the pivot critical line.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 43 KB
  • #15,862
  • Jun 21, 2011 8:56pm Jun 21, 2011 8:56pm
Quoting Jebatfx
At the moment, I'm looking forward for further bullish continuation trend scenario either refering to the alt counts in white or yellow. A breakout to the R3 and upper green trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the pivot critical line.
Hi Jebat, i don't get why your yellow and white count levels are different.
Could you explain this?
i mean why the levels are what they are.
thanks.
  • #15,863
  • Jun 22, 2011 2:08am Jun 22, 2011 2:08am
Quoting Jebatfx
At the moment, I'm looking forward for further bullish continuation trend scenario either refering to the alt counts in white or yellow. A breakout to the R3 and upper green trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the pivot critical line.
I would not be so bullish. We are still in a down trend
  • #15,864
  • Jun 22, 2011 8:06pm Jun 22, 2011 8:06pm
Quoting longshot_nl
Hi Jebat, i don't get why your yellow and white count levels are different.
Could you explain this?
i mean why the levels are what they are.
thanks.
Hi longshot,

Those are the potential level of how market could go up. Everything need to determine later once the structure is already unfold. At time being still not clear yet.

Hi slovforex,

You are right, the market still in bearish trend. But as a swing trader, I'm looking forward for a potential of midterm and long term bullish reversal. And futher more, I only looking for a turning point to trade (Buy bottom, Sell top). My advise is be careful if u are using breakout entry strategy because market also have a good potential to fall back from resistance or bounce back from support. So I dont go for buy at resistance breakout or sell at support breakout.

--------------------------------------------------------------

At the moment, market just falls back from the upper green trendline. Therefore, I'm looking forward for a potential of either a "double bottom" scenario (yellow or white) or a "bear trap" pattern (aqua). Otherwise, please be careful for another strong bearish continuation trend scenario to perform major wave v in magenta.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 41 KB
  • #15,865
  • Jun 23, 2011 9:02pm Jun 23, 2011 9:02pm
Favourably, I believe the bearish trend is already exausted. Therefore, I'm looking forward for an opportunity toward a bullish reversal trend scenario either refering to the alt counts in yellow or white. Otherwise, please be careful for any breakout toward the S3 critical line. Happy weekend and good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #15,866
  • Jun 23, 2011 10:25pm Jun 23, 2011 10:25pm
Quoting Jebatfx
Favourably, I believe the bearish trend is already exausted. Therefore, I'm looking forward for an opportunity toward a bullish reversal trend scenario either refering to the alt counts in yellow or white. Otherwise, please be careful for any breakout toward the S3 critical line. Happy weekend and good luck.
Jebatfx, I had 12900 as support, now resistance?
  • #15,867
  • Edited 11:37pm Jun 23, 2011 11:03pm | Edited 11:37pm
  •  hakeem
  • | Joined Nov 2006 | Status: Goldish as Sun & bright as Moon | 37 Posts
Hi traders,

It's my first post on this thread,
this is my favorite pair,
the pair should touch UP TL and close above it before we see bullish wave,
or down channel should be broken up.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_JPY_Daily_snapshot.png Size: 23 KB
  • #15,868
  • Jun 23, 2011 11:08pm Jun 23, 2011 11:08pm
  •  hakeem
  • | Joined Nov 2006 | Status: Goldish as Sun & bright as Moon | 37 Posts
My TL is lowest low with lowest close
  • #15,869
  • Jun 23, 2011 11:51pm Jun 23, 2011 11:51pm
  •  hakeem
  • | Joined Nov 2006 | Status: Goldish as Sun & bright as Moon | 37 Posts
That was daily chart,
here's the weekly one, this week should be the last one on bearish
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_JPY_Weekly_snapshot.png Size: 16 KB
  • #15,870
  • Jun 25, 2011 11:12am Jun 25, 2011 11:12am
dead, not going to trade it
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 26 KB
Enter Signature
  • #15,871
  • Jun 26, 2011 8:54pm Jun 26, 2011 8:54pm
Preferably, I'm looking forward for an opportunity toward a potential of bullish reversal trend scenario either refering to the alt counts white or yellow. A breakout to the pivot critical line would bolster to this scenario. Otherwise, we may see another bearish continuation trend scenario either in aqua (Bear Trap) or magenta. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 40 KB
  • #15,872
  • Jun 26, 2011 9:02pm Jun 26, 2011 9:02pm
my view by simple fibbing
but its got to get to the 32 fib to become valid.
if it goes below the 61 fib before it makes a wave 5 its invalidated.
Attached Image (click to enlarge)
Click to Enlarge Name: temp.jpg Size: 65 KB
  • #15,873
  • Jun 27, 2011 9:14am Jun 27, 2011 9:14am
...
Attached Image (click to enlarge)
Click to Enlarge Name: temp.jpg Size: 74 KB
  • #15,874
  • Jun 27, 2011 11:27am Jun 27, 2011 11:27am
Hey guys
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 17 KB
  • #15,875
  • Jun 27, 2011 11:47am Jun 27, 2011 11:47am
lookn for shorts
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 26 KB
  • #15,876
  • Jun 27, 2011 7:41pm Jun 27, 2011 7:41pm
At the moment, market already at the major upper green trendline. A breakout would bolster toward a bullish reversal trend scenario. Otherwise, please be careful for a possible "pullback" scenario either to perform corrective wave b in white or the incomplete of wave 5 in aqua. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 41 KB
  • #15,877
  • Jun 28, 2011 6:47am Jun 28, 2011 6:47am
Hey guys by considering daily candle pattern we have a long signal!
so . . .
Attached Image (click to enlarge)
Click to Enlarge Name: gj2.gif Size: 27 KB
  • #15,878
  • Jun 28, 2011 7:29pm Jun 28, 2011 7:29pm
At the moment, market already break the major upper green trendline. A further bullish continuation trend scenario would bolster to the alt counts either in white or yellow. I believe market have potential to perform another bullish continuation trend scenario to complete corrective wave a in yellow before a possible of bearish retracement trend scenario to perform corrective wave b. Otherwise, please be careful toward a potential of "false breakout" scenario in aqua. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 45 KB
  • #15,879
  • Jun 28, 2011 7:39pm Jun 28, 2011 7:39pm


TF : 2D
Quoting Jebatfx
At the moment, market already break the major upper green trendline. A further bullish continuation trend scenario would bolster to the alt counts either in white or yellow. I believe market have potential to perform another bullish continuation trend scenario to complete corrective wave a in yellow before a possible of bearish retracement trend scenario to perform corrective wave b. Otherwise, please be careful toward a potential of "false breakout" scenario in aqua. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 2 d.gif Size: 19 KB
not euphoria follower
  • #15,880
  • Jun 29, 2011 9:34pm Jun 29, 2011 9:34pm
At the moment, I'm looking forward for a completion of bearish retracement trend scenario either refering to the alt counts in white, yellow or aqua. A bounce from the lower red trendline and follow by a breakout to the bullish continuation critical line 1 and 2 would bolster to the alt count in white scenario. Otherwise, I believe we may see another bearish retracement trend scenario to complete corrective wave b in yellow (Fr 50%-61.8%) or aqua ("Double bottom"). Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hb.gif Size: 46 KB
3 traders viewing now