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Time now: Jun 1, 12:00 AM

An Elliot Wave Technical Analysis For Gbp Vs Jpy

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Chart 1H - Favourably, I believed market will perform another bearish continuation trend to perform either subwave v in white or yellow before expecting for a bullish retracement trend. Therefore, please be careful for any bullish retracement trend scneario once subwave v is completed (impulsive or truncated).

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Chart Daily - Preferably, I believed market already in progress to perform a major wave 5 either in yellow or white. Another strong bearish continuation trend would bolster towards the alt count yellow scenario otherwise please be noted that market have a strong probability towards a bullish retracement trend scenario to perform subwave 2 in white before expecting for another major bearish continuation trend scenario. So, please be extra careful for that. Good luck and happy weekends.
 
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Gbp vs Jpy (1H) - At this moment, I'm looking forwards for a further bearish continuation scenario either in white, yellow or magenta. Please be extra carefil since market may perform a strong bullish retracement trend to perform wave 2 in white before expecting for another bearish continuation scenario. Favourably, I believed market is already in progress to perform major wave 5.

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Gbp vs Jpy (Daily) - Market is already break the lower red trendline therefore, I believed market is already in progress to perform another bearish rally towards to complete major wave 5 in C. Please be noted that market have a possibility to perform a bullish retracement trend to complete wave 2 in white. Also please be careful for any bounce scenario towards the bearish continuation critical line 1.

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Gbp vs Usd (Daily) - Preferably, I'm looking forward for a bearish reversal (yellow) trend or a bearish continuation (magenta) trend scenario to perform either corrective a, b and c in yellow or magenta. Please be careful for any possibility towards bullish retracement scenario refering to the alt count in magenta. Adviseable to look for any bearish entry opportunity from BSTS later.

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Gbp vs Usd (Weekly) - I believed market already complete either major wave 4 in magenta or corrective wave C in yellow. Therefore, favourably I'm expecting market to perform another bearish trend scenario. Good luck.
 
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At this moment, I'm looking forward for a pullback scenario from the upper green trendline refering to the subwave alt count in cyan to bolster towards the bearish continuation trend scenario either in yellow or magenta. Otherwise, market may in progress to complete the unfinish of major wave 2 in white if we found any strong breakout later towards the upper green trendline. Favourably, please look for any bearish entry opportunity from BSTS later. Good luck.
 
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At this moment, I'm looking forward for another bearish continuation trend or a triple bottom scenario either to complete major wave 1 in white or subwave 3 in cyan or wave v in yellow before expecting for any bullish retracement trend. A breakout toward the S3 would bolster to this scenario. Otherwise, please be careful any unexpected earlier bullish retracement trend scenario. Good luck.
 
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At this moment, favourably, I'm looking forward for another bearish continuation trend scenario before expecting for any possibility towards a bullish retracement trend refering to the alt count in white/yellow or magenta. Otherwise, this scenario would not be in favour if there is any breakout towards the upper green trendline. Good luck.
 
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At this moment, I'm looking forward for another pullback senario to perform another bearish continuation trend refering either in yellow or magenta. Otherwise, a true beakout towards the upper green trendline and bullish continuation critical line 1 would indicates that market may in progress to perfom major wave 2 in white before expecting for another bearish continuaton trend scenario. Please be extra careful for tonight NFP announcement at 8.30pm (GMT +8). Good luck and happy weekends.
 
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Preferably, I'm looking forward for another bearish continuation trend either refering to the alt counts in yellow or white. A breakout to the bearish continuation critical line 1 & 2 would bolster to this scenario. Otherwise, please be careful for any breakout towards the upper green trendline that would indicate that major wave 2 still in progress. Good luck.
 
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At this moment, I'm looking forward for any possibility towards a bearish continuation trend scenario either in yellow or white. Otherwise, a breakout to the white/yellow critical line may indicate that wave 2 still in progress (magenta). Therefore, advisable to look for any opportunity towards a bearich continuation trend either in white, yellow or magenta from BSTS later. Good luck.
 

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