An Elliot Wave Technical Analysis For Gbp Vs Jpy

[Jebatfx]

Gjh bleh gi takat mane ekk masta jebat?..

saya menjangkakan akan retrace... tapi hati hati... apa saja leh berlaku.

I believed market will perform a bearish retracement trend to perform corrective wave b referring to the alt count in yellow.But please be careful for any true breakout towards the major upper green trendline and later to the R3 level. Good luck.

 

[Jebatfx]

Please analyse the latest possible alt counts available. Preferably, I'm looking forward for a breakout towards the lower red trendline to bolster the bearish retracement trend to perform corrective wave b in yellow. But please be careful for any triple bottom case scenario. Otherwise we may see a bullish continuation trend to perform an extension of corrective wave a in white. Good luck and happy weekends.

 

[Jebatfx]

Due to the further upside trend, therefore I believed market still in progress to complete corrective wave a either in white or yellow before expecting for a bearish retracement to perform corrective wave b within this week. Therefore please confirm the completion of corrective wave a (white or yellow) from BSTS and advisable to look for any bearish retracement entry signal from BSTS later to perform correctie wave b. Good luck.

 

[Jebatfx]

I believed market in progress to complete the corrective wave b either in white or yellow (triple bottom) before expecting a bullish continuation trend to perform corrective wave c in 5 wave structures. Therefore, please analyse all critical lines and look for any breakout to confirm. Good luck.

 

[Jebatfx]

Preferably, I'm looking forward for any opportunity market to perform a bullish continuation trend to perform corrective wave c once wave b is completed (white or yellow). Please be noted that market is possible to perform another bearish retracement trend in 3 waves structure to complete wave b in yellow. A breakout to the white critical line would bolster this scenario. Otherwise a further breakout to the yellow critical line would bolster the alt count in white. Good luck.

 

[Jebatfx]

At this moment, I'm looking forward for a bearish retracement trend to perform corrective wave b in yellow before expecting for another bullish continuation trend to perform corrective wave c. Otherwise we may see a strong breakout toward the upper green trendline to perform the corrective wave c in white. Good luck.

 

[Jebatfx]

At this moment, I believed there will be a bearish retracement trend either to perform the corrective wave b in yellow or wave 2 in white before expecting for another bullish continuation trend to complete the corrective wave c. Please monitor both yellow and white critical lines for any breakout. Please confirm for either alt counts from BSTS later. Good luck.

 

[jeffsmith]

After seeing the chart of this pair I believe that this pair is having an resistance at 129.10 and the closing for the day will be at 129.30-129.38. Well there can be some changes as well with market data.

 

[Jebatfx]

At this moment, I'm waiting for any breakout of the teal triangle to confirm market either in progress to complete subwave 3 in c (white) or market in progress to complete corrective wave b in yellow. Preferably, I believed market will perform a bearish retracement trend later referring towards the alt count in yellow. Good luck.

 

[Jebatfx]

Please be noted that due to the breakout to the upper green trendline, favourably market is already in bullish continuation trend referring to the alt count in white. A further true breakout to the yellow critical line would bolster this scenario. But please be careful for any double top scenario. Good luck.