An Elliot Wave Technical Analysis For GBP Vs JPY

Preferably, I am looking forward for a "bull trap" diagonal triangle pattern to complete wave 5 in yellow before expecting any potential towards a bearish reversal trend scenario. Otherwise, market may falls to perform corrective wave c in white. Good luck.

At the moment, I am expecting either a bearish retracement trend scenario or a bearish reversal trend scenario. A breakout toward the lower red trendline would bolster to the alt counts either in aqua or white. Otherwise, we may see market to perform a bull trap in yellow before expecting any potential towards a downturn. Good luck.

At the moment, a valid "ascending triangle" would bolster towards a bullish continuation trend scenario to complete wave 5 either in yellow or aqua. Otherwise, market may break the lower yelllow trendline to perform corrective wave c in white. Good luck.

At the moment, I am looking forward for a potential or either a bearish retracement trend scenario either to complete wave 4 in yellow or corrective wave a in white. A good breakout towatd the lower yellow trend line would bolster to this scenario. Please be noted that market may perform a bull trap pattern. Otherwise, we may see another strong bullish rally to complete wave 5 in aqua. Good luck.

I have some CAD JPY also suggesting a top.
edit: hmm i am not sure if i may post here. Let me know if you want me to remove it.

This long term chart, mid pitchfork line (weekly with small candles).


Weekly. parallel lines top line.


daily chart mid pitchfork line.

GJ is harder, this is what i got long term.

Preferably, I am expecting market in progress to complete wave 3 in yellow before a potential of any bearish retracement trend scenario. Otherwise, market may start to falls down refering to the alt count in white or we will see another strong bull rally in aqua. Good luck.

Yes, agreed. Major 5 still long way to go. Just expecting some retracement before further up. Good luck.

Preferably, I beleieved market in progress either to complete wave 5 in yellow or corrective wave b in white. A breakout towards the bullish continuation critical line 1 would bolster toward the alt count scenario in yellow, otherwise a pullback would bolster toward the alt count in white. Good luck.

Preferably, I believed market in progress either to complete wave 4 in yellow or corrective wave c in white. A further breakout toward the bearish continuation critical line 1 and 2 would bolster to this scenario. Otherwise, we may see market to bounce back to perform wave 5 in aqua. Good luck.

Hi Jebat,

This is what i am looking for.

At the moment, please be noted that market have a good potential to perform another bullish rally either to complete major wave 5 in yellow or aqua. Otherwise, I believed market in progress to perform a bearish reversal trend to complete corrective wave a,b and c in white. Good luck.

Favourably, I am expecting market to perform another bearish continuation trend scenario either to complete wave 4 in yellow or corrective wave c in white. Otherwise, we may see market bounce back to perform major wave 5 in aqua. Good luck.

Hi all,

I am moving into new thread. Please welcome.

http://www.forexfactory.com/showthread.php?t=517790

I am starting a new thread especially for my Malaysian Elliot Wave follower and from other places as well. Hope everybody can learn something from my post and share their counting as well. Thank you and all the best.

The new thread can be view here.
http://www.forexfactory.com/showthread.php?t=518279


Preferably, I believed market in progress to perform major wave 5 either in yellow or aqua. Please be extra careful that market also have a potential to complete a corrective wave b in white either at (FR61.8%) or a double top pattern. Good luck and happy weekend.

Please welcome to view the latest technical chart analysis here - http://www.asiafxtraders.com

is this thread still active?