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Time now: Jun 1, 12:00 AM

An Elliot Wave Technical Analysis For Gbp Vs Jpy

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I believed market in progress to complete wave 5 (yellow or white) and I'm looking forward for a possibility towards the bullish reversal trend to perform corrective a, b and c. But please be careful for any breakout to the major bearish continuation critical line which would favour to the alt count in magenta. Good luck and I would like to wish to all a Happy New Year - 2009.
 
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At this moment, I'm looking forward for a further upside trend to bolster the bullish reversal trend scenario either to complete corrective subwave a in yellow or white. But please be careful for either a bearish retracement trend to perform subwave 2 in a or major wave 5 in magenta. Good luck and Happy New Year.
 
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At this moment, price already made a breakout to the upper green diagonal triangle trendline but is it a true or only a false breakout ? A further breakout to the bullish continuation critical line 1 would bolster the bullish reversal trend scenario (yellow or white). Otherwise please be careful for any breakout to the major bearish continuation critical line (magenta). Good luck.
 
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At this moment, favourably either I'm expecting a bearish retracement to perform corrective subwave b in yellow or we shall see a further bullish continuation to perform corrective subwave b in white. A breakout to the bullish continuation critical line 1 would bolster towards the alt count in white. Otherwise, please be careful for any bearish continuation trend referring to the alt count in magenta. Good luck and happy weekends.
 
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At this moment, I believed market in progress either to complete corrective subwave b in yellow or white before expecting for another bullish continuation trend to complete corrective subwave c in a as long the white/yellow critical line is remain intact. But, please be careful for any breakout to the major bearish continuation critical line (magenta). Good luck.
 
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I believed market in progress to perform a bullish reversal trend either referring to the alt count in yellow or white. But please be careful for any breakout towards the white critical line which would favour to the alt count in magenta. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck.
 
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At this moment, price already break the bullish continuation critical line 1 and still moving inside the bullish channel trendlines. Preferably, I believed market in bullish reversal trend and I'm looking forward for a bullish continuation trend referring to the alt counts in yellow. But please be careful for any breakout to the lower red trendline (white or magenta). Good luck.
 
06jan09929am1hkd4.gif


At this moment, the magenta critical line still intact and favourably, I'm looking forward for any retracement trend to perform a corrective wave b referring to the alt count in yellow. A further bullish continuation trend would bolster towards the alt count in white. But, please be careful for any bearish continuation trend referring to the alt count in magenta. Good luck.
 
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At this moment, I believed market in progress to complete corrective wave a (yellow or white) before expecting a bearish retracement to perform corrective wave b. But please be careful since the magenta critical line still intact and any breakout to the lower red trendline. Good luck.
 
07jan09934am1hkz7.gif


At this moment, magenta critical line is already taken, but I'm looking forward for a further bullish continuation trend and a true breakout towards the major bullish continuation critical line 1 to bolster the bullish reversal trend scenario (yellow or magenta). Please be careful for any bearish retracement trend since I believed market have to perform a corrective wave b once the corrective a is completed (yellow or white). Good luck.
 
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