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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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At the moment, price moving inside the teal correction triangle. I believed maybe the price will perform a triple bottom later before going upwards again to complete wave 3 4 5 c and iv. Otherwise if the bottom bearish continuation critical has been a true breakout, the we may seems to see a beraish continuation to complete wave V and 5. Preferable - Retracement to complete wave iv. Please be patient and wait for a complete signal from BSTS before making any entry. Good luck
 
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I believed price is on the move to complete wave 3 in wave iv retracement. As long the price move along inside the green zones and no "double top" pattern", this idea would still be valid. So just move your SL and lock your target. Please close once you see any close signal from BSTS. Good luck.
 
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I believed the price in wave 3 extansion and maybe will reach fibo 50% or 61.8% later. There is nothing much to explain here except just hold your long entry until got BSTS close signal. Good luck.
 
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At the moment, the price already hit my TP2 and I believed it will start to retrace to complete wave 4 later. Unless the the price break the bullish reversal critical line 1, this scenario would still be valid. Please look at BSTS3 - 4H before making any entry. Good luck
 
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I believed wave 3 already completed and market in retracement phase for wave 4 before going upwards again to complete wave iv, c and 5 which is I presumed would be a truncated pattern later. Unless the price break the major bearish critical line, this scenario would still valid. Please study all the critical lines, the three triangle zones and wait for a complete signal from BSTS before making any entry. Preferable - retracement wave 4 before upwards again to complate wave 5. Tips - look for any BSTS3 signal at TF 4H later. Good luck.
 

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Currency
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EUR / USD
1.13994
USD / JPY
157.136
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EUR / JPY
179.125
AUD / USD
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