An Elliot Wave Technical Analysis For Gbp Vs Jpy

[Jebatfx]

At the moment, as long the aqua/yellow critical line remain intact, I believe market will perform another bullish continuation trend scenario either to complete major wave 5 in yellow or aqua. Otherwise, we may see market to perform corrective wave a,b and c in white. Good luck.

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[Jebatfx]

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.

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[Jebatfx]

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.

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[Jebatfx]

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.

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[Jebatfx]

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.

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[Jebatfx]

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.

 

[Jebatfx]

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.

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[Jebatfx]

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.

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

 

[nasiayam]

kat mane nk blaja basic ew?

 

[Jebatfx]

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.