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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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At this time, I'm looking forward for any breakout from the teal triangle corrective area and please noted that any breakout is possible. Therefore please look for any good entry setup signal from BSTS before making any entry. Have a nice weekends.
 
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I'm looking forward for a completion confirmation of subwave 2 (yellow) before expecting a bearish continuation trend later. But please be carefull for any possibility refering to the alt count in white. Looking for a breakout soon. Good luck.

p/s : extra tips - please analyse Eur/Jpy tf 4H
 
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Price still inside the teal rectangle zone. I believed subwave 2 (yellow) is already completed and looking forward for a downside movement to bolster the bearish continuation scenario to perform subwave 3 (yellow). A further breakout to the white critical line would enhance this point of view. Otherwise please be carefull for any upside movement. Good luck.
 
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I'm looking forward for a bearish continuation later to complete subwave 3 (yellow) before expecting any retracement to perform corrective subwave 4 (yellow). Please noted that alt count in white is already invalid. But please be careful for any upside movement. If the price bounce and break the bottom of subwave 1 (yellow), the bearish subwave count would be in doubt. Good luck.

p/s - just as reminder to "Sell Top, Buy Bottom"
 
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I'm looking forward for bearish continuation to complete major corective wave C (yellow or magenta). A further breakout to the bearish continuation critical line 2 and 3 would bolster this scenario. Otherwise please be careful for any upside movement and any true breakout to the white critical line. Good luck.
 
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At this moment, I'm looking forward for a completion of retracement subwave 4 before expecting another bearish continuation to complete subwave 5 and wave iii (yellow). But please analyse possibility towards the new alt count in white to perform corrective subwave a, b and c. Therefore, please monitor from BSTS for any bearish continuation entry signal later. Good luck.
 
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Please analyse all new rectangle zones and determine which is the possible trend or where is to make an entry from your trading system (BSTS). Preferably, I believed market will perform a bearish continuation later but don't forget about the possibility for the alt count in white to be happen later. Advisable to monitor any good bearish continuation entry signal from BSTS 2 & 3 later today. Have a nice day.
 
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At this moment, please be noted that the bearish continuation scenario in critical stage. Please study all the latest re-count waves and I believed if the price continue further upside and break the yellow critical line, advisable to stay out from the market until next week. Its more likely the corrective a, b and c already completed (magenta) and preferably looking forward for a new set of waves to begin either a bullish or a bearish wave count. Have a nice day.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.13916
USD / JPY
157.291
GBP / USD
1.32530
USD / CHF
0.82854
USD / CAD
1.41445
EUR / JPY
179.184
AUD / USD
0.70328
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