An Elliot Wave Technical Analysis For Gbp Vs Jpy

[Jebatfx]

I hope all Elliot Wave traders could post and sharing their EW analysis for this pair in this thread.

At this moment, I believed market in bullish reversal trend and in progress to complete the corrective subwave c in a (magenta or yellow or white). Expecting to see a bearish retracement to complete wave b later before another bullish continuation to complete wave c. Therefore, please look for any bearish retracement entry signal to perform wave b and later on a bullish continuation entry signal to perform wave c (once b is completed) from BSTS later within this week. Good luck.

 

[Jebatfx]

At this moment, I divided market in 3 possible scenario which is :-

1) Magenta - market already completed wave a and in progress to perform corrective wave b.

2) Yellow - market in progress to perform subwave 4 in c in a before expecting a truncated subwave 5 in c in a.

3) White - market in progress to perform subwave 4 in c in a before expecting an impulsive subwave 5 in c in a.

Therefore, overall strategy, advisable to look for any bullish continuation entry signal later from BSTS either to perform wave c in magenta or subwave 5 in yellow and white.

Good luck.

 

[Jebatfx]

Preferably, I'm looking forward for a further bullish continuation trend either to complete a truncated subwave 5 (yellow) or an impulsive subwave 5 (white). Otherwise we may see a bearish trend to complete corrective wave c in b according to the alt count in magenta. Good luck.

 

[Jebatfx]

Due to the bearish trend, please be noted that the previous alt count in yellow and white is already invalid. Therefore please analyse the latest possible alt counts. Favourably, I'm looking for a completed of subwave c in b either referring to the alt count in white, yellow or magenta before expecting a bullish continuation trend to complete wave c. Advisable to look for any good bullish continuation entry signal from BSTS later. Good luck.

 

[Jebatfx]

Preferably, I'm looking forward for further bullish continuation trend to perform either subwave 3 (magenta) or subwave 1 (yellow or white). A breakout to the bullish continuation critical line 1 would bolster this scenario. Otherwise, please be careful for any breakout to the lower red trendline and the bullish reversal critical line 1 and 2. Good luck and happy weekends.

 

[Jebatfx]

Preferably, I believed market in bullish reversal trend to perform corrective a, b and c. At this moment, market either in progress to perform subwave 1 in a (white or yellow) before expecting a retracement to complete subwave 2 or market already in progress to perform subwave 3 in a (magenta). Advisable to look for any good bullish continuation entry signal from BSTS later. Good luck.

 

[Harimau_kumbang]

Can translate in malay bro?.. sorry.. my english not good... hard to understand..

 

[jiwo kacau]

Can translate in malay bro?.. sorry.. my english not good... hard to understand..

samo lh den...:"> nasib2.........(

 

[Harimau_kumbang]

samo lh den...:"> nasib2.........(

Yup... can u help me n my prend too..

 

[Jebatfx]

Please analyse my latest updated chart and favourably I'm looking forward for a bullish continuation referring either to the alt counts in white or yellow. Please be noted that this scenario would be invalid if there is any breakout to the white/yellow critical line. Otherwise, market may going further down to complete corrective wave b according to the latest alt count in magenta. Good luck.