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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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At this moment, market in bearish continuation trend. I’m waiting for a retracement to complete subwave iv later once wave iii is completed. Please look for a bearish continuation signal later for subwave v from BSTS. Good luck
 
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At this moment, price already hit my TP1. Either subwave iii already completed and starting to retrace to complete subwave iv, I only can determine later. Please study both counts (yellow & white) and analyse from BSTS for any signal to make an entry. Preferable to look for a bearish continuation signal later from BSTS but please be carefull for any bullish reversal trend. Good luck.
 
if i'm not mistaken, GJ start hit reversal point.
UT on their way...
anyone agree with me?
:) :) :)
 
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I believed market in retracement phase to complete subwave iv (cyan) or wave 4 (white) before another bearish continuation to complete subwave v (cyan) and wave 3 (yellow). Please also consider the probability for wave count in white which is a truncated wave 5 (double bottom) scenario. At this moment, I still can’t determine either wave count in yellow or white is more preferable. Therefore, please be carefull before making any entry. Preferable for bearish continuation to complete wave 3 (yellow) or 5 (white) after completion of retracement subwave iv (cyan) or wave 4 (white). Good luck
 
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At this moment, market still in strong bearish continuation trend. I’m looking forward for a bearish continuation signal and a major retracement phase later. So please be carefull before making any entry. Watch closely my proposed “double bottom” area (valid/invalid) and the bearish continuation line 3 for any breakout. Please study both yellow and white counts and wait for a good bearish continuation signal or retracement signal later from BSTS. Good luck and happy weekends.
 
MTP kata GJ jatuh sampai 197.95... kita tengok betui ke tak.. :D
 
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At this moment, price already entered my previous strong bearish bias zones (red rectangle zones area) and hit my TP 2. Preferable maybe we shall see a further bearish continuation to establish an extension of wave 3 (yellow). So far there was no sign of major retracement yet and maybe this scenario will only start to perform by next week. Therefore just look for any major retracement signal later from BSTS after completion of wave 3. Also please watch closely my bearish continuation critical line 4. Happy weekends.
 
waduh.....kawe ngan pips masih -600 :p .....harap2 terbang la GJ nie next week or aku yg terbang :))
 

Live Forex Chart

Currency
Rates
EUR / USD
1.14860
USD / JPY
156.877
GBP / USD
1.33765
USD / CHF
0.82250
USD / CAD
1.39985
EUR / JPY
180.138
AUD / USD
0.71167
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