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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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I believed, market in the process to complete wave 5 and iv. Either its already established making a "Double Top" (blue rectangle) or still in progress, its still need to be confirm later from BSTS Reversal Signal. As long the short critical point is not taken, Bearish Reversal Continuation would still be valid. Otherwise if taken, the scenario would be in major doubt. Tips - Stanby for a Bearish Reversal Signal from BSTS.
 
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Hi guys...just my personal view....:p

see..TOday Gj failed to break .... EMA50 at H4 chart....See no power momentom to GJ now....i believe that GJ continue .....Brearish Trend...just my opinion...my be....gj try...Break A bottom price 203.45... Critical price bearish strong...204.71...

just new trader opinion.:">
 
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Chart 1H - I believed wave 5 and wave iv still not complete yet. I'm looking for a truncated wave 5 later. Or maybe we will see a "Triple Top" later before a Bearish Continuation trend. Unless the price break the major bullish reversal critical line, a Bearish Reversal Continuation idea to complete wave v and c DT would still be valid. Tips - wait for very good reversal signal from BSTS before making any entry.

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Chart 4H - I believed wave v and 4 still not complete yet and looking for a bullish continuation later. Looking for a triangle breakout for confirmation. Unless the price breaking the bearish critical line, a Bearish Reversal Continuation would still be valid. Happy trading and good luck.
 
thank's jebat...analisis ko mmg best jebat.....aku selalu ikut analysis yng ko bagi tu..
 
thank's jebat...analisis ko mmg best jebat.....aku selalu ikut analysis yng ko bagi tu..

sama sama, good luck trading

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Market already break the lower trendline which is preferable for a bearish bias. But there are possibility also for a Bullish Continuation (white count) if the price cannot break the major long critical line. We need to wait until the NFP news to see the real trend later. Have a nice weekends.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.14250
USD / JPY
157.245
GBP / USD
1.32505
USD / CHF
0.82827
USD / CAD
1.41455
EUR / JPY
179.652
AUD / USD
0.70550
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