An Elliot Wave Technical Analysis For Gbp Vs Jpy

[Jebatfx]

Until this moment, I'm believed market still in progress to complete subwave 4 (magenta or yellow or white) before expecting for another bearish continuation to perform either a truncated subwave 5 (white or yellow) or an impulsive subwave 5 (magenta). Preferably, I'm looking forward to see a further bullish retracement according to the alt counts either in yellow or white. A true breakout to the magenta critical line would bolster this scenario. Good luck.

 

[Jebatfx]

Due to the breakout of the previous magenta critical line, therefore the earlier alt count in magenta is already invalid. Preferably, I believed market still in progress to complete the corrective subwave 4 (magenta or yellow) before expecting for another bearish continuation to perform either a truncated subwave 5 (yellow) or an impulsive subwave 5 (magenta). But please be careful for any possibility market already in bullish reversal trend referring to the latest alt count in white. Advisably to look for any bearish continuation entry signal later form BSTS. Good luck.

 

[Jebatfx]

Until this moment, I believed market still in progress to complete subwave 5 (cyan) in wave 4 which is either a truncated wave 4 (magenta) or an impulsive wave 4 (yellow) before expecting for another bearish continuation trend to perform wave 5. Therefore, please look for any good entry signal for bearish continuation trend from BSTS later. Good luck.

 

[Jebatfx]

At this moment, I believed market is going to complete a corrective wave 4 and expecting to see another bearish continuation to perform wave 5 later. But please be noted that this scenario would be invalid if there is any breakout to the magenta/yellow critical line. Therefore, advisable to look for any signal for completion of wave 4 and an entry signal for bearish continuation to perform wave 5 from BSTS later. Good luck.

 

[king_diamond]

the english is very confusing especially to all malay trader whose background well-versed in Malay.....the explanation in Bahasa is very critical and vital in educating us Malay trader in EW, there is less educative EW tools and tutorial in Malay languange in market.

Please assist us, thanks.

 

[Jebatfx]

At this moment, I'm looking for a confirmation that subwave 4 is already completed and I'm expecting to see a bearish continuation trend to perform subwave 5 later. A breakout to the lower red trendlines would bolster this scenario. Meanwhile this scenario would be invalid if there is any breakout to the magenta/yellow critical line. Good luck.

 

[Jebatfx]

At this moment, I believed market either in progress to perform a bearish continuation trend to complete wave 5 (yellow or magenta) or to perform a bearish retracement trend to complete subwave b in white. Please be noted that there will be a subwave i,ii,ii,iv and v in 5 if the bearish continuation scenario is valid. Good luck and happy weekends.

 

[Jebatfx]

At this moment, I'm looking forward to see market to perform subwave i, ii, iii, iv, v in 5 (yellow or magenta) before expecting a bullish reversal trend. Preferably, I believed market in progress to complete subwave ii in 5. Please be noted that wave 5 could be only a truncated wave (yellow) or an impulsive wave (magenta). Otherwise we may see a bulliah reversal trend referring to the alt count in white. Good luck.

 

[Jebatfx]

At this moment, I'm looking forward for a bullish retracement trend to complete subwave ii before expecting f0r another bearish continuation to perform subwave iii in 5. Please be noted that wave 5 could be a truncated wave (yellow) or an impulsive wave (magenta). As long as both magenta/yellow critical lines and major bullish continuation critical line stay intact, this scenario would be valid. Meanwhile, a breakout to both critical lines woul favour to the alt count in white. Good luck.

 

[Jebatfx]

At this moment, I'm looking forward to see a further bearish continuation trend either to perform a truncated subwave v in 5 or an impulsive subwave v in 5. A breakout to the major lower red trendlines would bolster this scenario. Otherwise we may see a bullish reversal trend referring to the alt count in white. Please watch closely all critical lines and trendlines. Good luck.