An Elliot Wave Technical Analysis For GBP Vs JPY

Gbp vs Jpy (1H) - At the moment, I'm looking forward for a bearish retracement trend scenario to perform either subwave 2 in yellow or aqua. Otherwise, we may see a LTL bounce and bull trap scenario in white.

Gbp vs Jpy (4H) - Preferably, I'm looking forward for a potential of major bullish reversal trend scenario in yellow. A strong bounce from either FR 50% or 61.8% would bolster to the alt count in yellow scenario. Otherwise, we may see a "triple bottom" scenario. Good luck.

At the moment, I believe market in progress to complete subwave 2 either refering to the alt counts in yellow or aqua before a potential of bullish continuation trend scenario. A bounce from either Fr 50% or 61.8% would bolster to this scenario. Otherwise, we may see market further perform a bearish continuation trend scenario in magenta. Good luck.

At the moment, a breakout toward the bullish continuation critical line 1 and 2 is still yet remain to be seen to determine either market in favour to perform a bullish reversal trend scenario in yellow or not. Otherwise, I believe we may see another bearish continuation trend scenario either in aqua or magenta.

Gbp vs Jpy (1H) - At the moment, I'm looking forward for a bearish continuation trend scenario either to perform subwave 2 in aqua or subwave 3 in magenta. A valid "rising wedge" pattern and a breakout toward the lower red trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the magenta critical line.

Gbp vs Usd (Daily) - Preferably, I believe market in progress to complete a "bull trap" pattern and therefore I'm looking forward market to perform either a bearish continuation trend (subwave 5) scenario in yellow or a bearish retracement trend scenario in aqua (subwave 2). Good luck.

Favourably, I believe market in progress to perform subwave 3 either refering to the alt counts in yellow or aqua. A breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, this scenario would be invalid if market further retrace and break the aqua/yellow critical line. Good luck.

At the moment, I'm looking forward for a potential of bullish continuation trend scenario either to perform subcorrective wave b (white), wave 5 (aqua/truncated) or subwave v (yellow). A valid "Falling Wedge" pattern in yellow would bolster to this scenario. Otherwise, please be careful for any breakout toward the bearish continuation critcal line 1. Good luck.

At the moment, I'm looking forward for another bullish continuation trend scenario either to perform wave v in yellow or wave 5 in aqua. Otherwise, we may see another bearish continuation trend scenario to perform corrective wave c in white. Please be careful toward NFP announcement tonight (8.30pm @ GMT 8+). Happy weekend and good luck.

Gbp vs Jpy (1H) - At the moment, please be careful toward a potential of bearish reversal trend scenario in white. Favourably, I'm looking forward for another bullish continuation trend scenario either to complete wave 5 in aqua (truncated) or yellow. Please be careful toward NFP announcement tonight (8.30pm @ GMT 8+).

Gbp vs Jpy (4H) - Preferably, I'm looking forward toward another bullish continuation trend scenario either in aqua or yellow. A breakout toward the bullish continuation critical line 1 would bolster to the sentiment count in yellow scenario. Otherwise, please be careful for any potential of bearish reversal trend scenario either in white or aqua ("Double Top"). I would like to wish all muslim a Happy Hari Raya Aidil Adha, maaf zahir batin. Happy holidays and good luck.

At the moment, I'm looking forward for a potential of bullish continuation trend scenario either to perform corrective wave b in aqua or impulse wave v in yellow. A strong bounce would bolster to this scenario. Otherwise, I believe we may see another bearish continuation trend scenario perhap to complete corrective wave c in white. Good luck.

At the moment, market just performed a bearish continuation trend scenario either refering to the alt counts in white, yellow or aqua. A valid formation of "diagonal triangle" pattern in white would bolster to a potential of bounce scenario either refering to the alt counts in white or yellow. Otherwise, we may see another strong bearish continuation trend scenario in aqua. Good luck.

At the moment, I'm lookinf forward for a potential of either bullish retracement trend scenario in white or a bullish reversal trend scenario in yellow. A bounce from either bearish continuation critical line 1 or 2 would bolster to this scenario. Good luck.

At the moment, I'm believe market in progress to perform either a bullish reversal trend scenario in aqua or a bullish retracement trend scenario in white. Otherwise, we may see a "bear trap" scenario in yellow. Good luck.

Preferably, I'm looking forward for a good potential of bullish trend either to complete subcorrective wave a in yellow (Bear Trap) or subwave 4 in white. A breakout to the upper yellow trendline and pivot critical line would bolster to this scenario. Good luck.

At the moment, I'm looking toward a potential of bearish retracement trend scenario to perform corrective wave b either in yellow or aqua. Otherwise, we may see another bulish continuation trend scenario perhap to complete the unfinish of corrective wave a. Good luck.

Favourably, I believe market have a good potential to perform a bearish retracement trend scenario either to perform subcorrective wave b in yellow or aqua. A "bull trap" pattern would bolster to this scenario. Good luck.

Gbp vs Jpy (1H) - At the moment, a strong breakout either to the R3 or S3 critical line is necessary to determine which alt counts that is more in favour.


Aud vs Usd (Daily) - Preferably, I believe market have a strong potential to perform a major bearish reversal trend scenario in yellow.Otherwise, we may see another bullish rally either to complete corrective wave B in white or wave 5 in magenta.


Eur vs Jpy (Weekly) - Favourably, I'm looking forward for a potential of major bullish reversal trend scenario in yellow. Otherwise, we may see another bearish rally to perform the incomplete of major wave 5 in white. Good luck.

Gbp vs Jpy (4H) - Preferably, I'm looking forward for a potential of bullish retracement trend scenario either to complete subwave iv in yellow or aqua. A strong bounce from the white critical line and follow by a pullback from either FR 50% or 61.8% would bolster to this scenario.


Eur vs Jpy (Weekly) - Favourably, I believe market in progress to complete the typical "Bear Trap" behaviour in the diagonal triangle pattern. Therefore, I'm looking forward for a potential of major bullish reversal trend scenario in yellow. Happy New Year to all and good luck.

At the moment, I believe market will perform another bearish continuation trend scenario either to complete subcorrective wave b in aqua or the incomplete of subwave 5 in yellow. Preferably, I'm looking forward for a potential of bullish reversal trend scenario later once this complete. Good luck.

At the moment, I'm looking toward a potential of bearish retracement trend scenario either to perform subcorrective wave abc in yellow or subwave 4 in aqua. A "bull trap" pattern and a pullback from upper green channel would bolster to this scenario. Otherwise we may see an extension of subwave 3 in white. Good luck. Gong Xi Fa Cai.

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