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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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At this moment, “triple top” scenario already become invalid. The price break and making a new high. Therefore, we must revise back about the 2 main probabilty which is a bullish continuation or a bearish reversal. We are in the critical moment which is either scenario have the same probability to be happen. So please watch the major bearish critical line 1 and 2 closely. If both line is taken, then the bearish scenario would become invalid. Otherwise if the line keep intact, then we might see a major bearish trend later. Please be extra carefull since tonite and tomorrow there will be a NFP related news. Its better to refer a signal from BSTS -4H chart. Good lucks.
 
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At this moment, what I had been consents since last few days about the white count finally came true. Therefore, I believed market already in Bullish Reversal trend, generally. I’m waiting for a wave iv retracement either in white count or in cyan count to take place later. If wave iii already established, then we may see a retracement soon. But if got an extension wave iii, then we might see a bullish continuation later. Please refer at BSTS - 4H chart signal before making any entry. Have a nice day.
 
Aku Tak Paham La...
Mcm Mane Korg Buat Garis2 Tu?
 
smalam news gempak gempak upanye...
ri ni?
hehe i vote amik angin sat
 
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If wave count in cyan is valid, I believed market in retracement phase. As long the bullish continuation line keep intact, this scenario would still be valid. But maybe there will be a “double top” or false breakout before price starting to make a major retracement. Please study the cyan count and refer to BSTS signal before making any entry. Otherwise we may see another bullish continuation to complete wave 3 in white count. Watch closely all the new critical lines and wisely take a notes what is your trading strategy for this new trend.
 
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tunggu je 2 pending order, mana satu yang nak kena , nasib lah...
 
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At the moment, we are in bullish continuation trend. If we have an extension, then preferable for white count. But if not, then the price could follow the cyan count. So watch closely the trendlines and only make an entry when they have a complete retracement signal from BSTS later. Good luck.
 
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As long the bullish continuation line still intact, I believed the market in retracement phase. An establish of ”Head & Shoulder” (cyan triangle) pattern later will bolster this point of view. Otherwise if the line been taken, then we got another bullish continuation later. Please refer to BSTS signal before making any entry.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.13974
USD / JPY
157.887
GBP / USD
1.32614
USD / CHF
0.82322
USD / CAD
1.40847
EUR / JPY
180.352
AUD / USD
0.70416
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