An Elliot Wave Technical Analysis For Gbp Vs Jpy

[Jebatfx]

At this moment, I'm looking foprward for another bearish continuation trend scenario either refering to the alt counts in yellow or white. A breakout to the lower yellow trendline and bearish continuation critical line 1 would bolster towards this scenario. Otherwise, please be careful for any breakout to the upper green trendline and white/yellow critical line. Good luck.

 

[Jebatfx]

At this moment, please be careful for any bullish continuation trend scenario and a breakout towards the white/yellow critical line. A valid ascending triangle would bolster to this scenario. Preferably, I'm still looking forward market to perform a bearish continuation trend scenario refering to the alt count either in yellow or white. A pullback from the upper yellow horizontal trendline would bolster to this scenario. Therefore, I would still looking for any opportunity towards a bearish entry as long the white/yellow critical line is remain intact. Good luck and happy weekends.

 

[Jebatfx]

Chart 1H - At this moment, I believed market in progress to complete subwave 5 in 1 either in magenta or yellow before expecting for any possibility towards a bullish retracement trend to perform major wave 2. Otherwise, we may see a strong bearish continuation trend refering to the alt count in white.

Chart Daily - Preferably, I believed market in progress to perform a major bearish continuation trend scenario to complete major wave 5 either in yellow, magenta or white. Please be careful for any possibility towards a strong bullish retracement trend to perform wave 2 either in magenta or yellow. Good luck.

 

[Jebatfx]

At this moment, I'm looking forward market to perform another bearish continuation trend scenario refering towards the subwave count in aqua. Otherwise, please be careful for any breakout to the upper green trendline and the white/yellow critical line that would indicate that the scenario is already invalid. Good luck.

 

[Jebatfx]

At this moment, I believed market will perform another bearish continuation trend either refering to the alt counts in yellow or aqua. A breakout towards the bearish continuation critical line 2 would bolster to this scenario. Otherwise, please be careful for any breakout to the R3 critical line that would indicate that perhaps market in progress to perform a bullish retracement trend refering to the alt count in magenta. Good luck.

 

[Jebatfx]

At this moment, please be careful for any strong bullish retracement trend either to perform wave 2 in magenta or yellow. A true breakout towards the S3 and the bearish continuation critical line 3 would bolster towards the subwave count in aqua. "Saya juga ingin ambil kesempatan ini untuk mengucapkan Selamat Menyambut Hari Raya Aidilfitri dan maaf zahir batin sekiranya selama ini ada menyinggung atau terkasar bahasa".

 

[Jebatfx]

Chart 1H - Preferably, I'm looking forward for any bullish retracement trend refering to the alt subwave count in aqua before expecting for another bearish continuation trend to complete subwave v (aqua) in either wave 3 in white or wave 5 in yellow. A pullback from the pivot and a breakout to the bearish continuation critical line 3 later would bolster toward this scenario. Otherwise, please be careful for any strong bullish retracement trend to perform major wave 2 in magenta.

Chart Daily - I believed market in progress to complete major wave 5 either in yellow, white or magenta. Therefore, advisable to look for any opportunity towards a bearish continuation entry signal from BSTS later. But, please be careful for any strong bullish retracement trend in magenta (any breakout towards the aqua critical line) or a trucated major wave 5 scenario in yellow. Good luck and "selamat hari raya aidilfitri, maaf zahir batin".

 

[Jebatfx]

At this moment, I believed market in bullish retracement trend to complete subwave iv either in white or aqua before expecting for another bearish continuation trend to complete subwave v either in wave 3 (white) or wave 5 (yellow). Therefore, advisable to look for any good opportunity for bearish continuation entry signal from BSTS later. Please look for any pullback scenario either from the R3 critical line or Fib 50% critical line later. Good luck.

 

[Jebatfx]

At this moment, I believed market will perform another bearish continuation trend to complete subwave v either in aqua (truncated) or white. A breakout towards the lower red trendline would bolster to this scenario. Otherwise, please be careful for any further breakout to the major green upper trendline. Good luck.

 

[Jebatfx]

Favourably, I'm looking forward for a further bearish continuation trend to complete subwave v in white or subwave 5 in yellow. A breakout toward the bearish continuation critical line 3 would bolster to this scenario. Otherwise, please be careful for any possibility towards a truncated scenario (aqua) or any strong bullish retracement trend refering to the alt count in magenta. Please be noted also there will be a NFP news tonite (8.30pm GMT +8). Also please be careful for any probability towards any gap later next monday. Good luck and happy weekends.