Analysis GBP/JPY

[asik rugi jer]

a completed making b before c

 

[Jebatfx]

At this moment, the scenario still like my previous forecast (yesterday update #2). Please refer from BSTS 3 for any continuation signal and BSTS 2 before making any entry. Good lucks.

 

[ammar5]

[/IMG]

 

[Jebatfx]

At this moment, its look like wave 4 still in progress and not complete yet. Is either favourable to count in cyan or yellow. Therefore, advisable to wait for signal from BSTS 3 and BSTS 2 for any bullish continuation signal later. Otherwise if the price break my retracement critical line, then we shall see a different scenario. Good luck.

 

[Jebatfx]

At this moment, price moving inside my teal triangle and I’m waiting to see any breakout to determine which count is more preferable. I believed most probably wave 4 is a truncated wave and this could apply same to wave 5 later. Please do an analysis to BSTS 2 - Daily to assist you in having a bigger pictures what is the next major trend would be. Please wait for a good signal from BSTS before making any entry. Good luck.

 

[Jebatfx]

At this moment price looks like going to make a breakout to the lower teal triangle. Either its a true or false breakout, we only can determine later. I came out with new alternate count which is in magenta. So its better to wait for a real trend to be unfold and any good signal from BSTS either a bullish continuation or a bearish reversal. Good luck.

 

[asik rugi jer]

h4

motive wave 1 completed corective in wave 2 begin

 

[asik rugi jer]

My_D

we have it extension in 3,,,..

 

[Jebatfx]

At the moment, please study all possible count (yellow, white and magenta). Please be extra carefull if wave 5 is truncated later. Only make an entry, if there is a good signal from BSTS (bullish continuation or bearsih reversal later).
Tips : Monitor signal from BSTS 3 later and entry confirmation from BSTS 2.
Good luck.

 

[Jebatfx]

At this moment, I believed market in subwave iii in wave 5. Either wave 5 is truncated wave (yellow) or an impulsive wave (white), I can only determine later. Preferable to monitor any bullish continuation or bearish reversal signal from BSTS later. Please wait for a good signal from BSTS before making an entry. Have a nice weekends.