Analysis GBP/JPY

[Jebatfx]

Please analyse all possible alt counts. Preferably, I'm looking for a bullish retracement scenario refering to the alt count in magenta later within this week. A further breakout to the upper green trendline would bolster this scenario. Otherwise this scenario would be invalid if there is a true breakout to the bearish continuation line 8. Please confirm any good entry signal from BSTS later. Good luck.

 

[Jebatfx]

At this moment, due to the current downside trend, favourably the alt count in magenta is in major doubt while the previous alt count in white is already invalid. Therefore, please analyse the latest possible alt count in white. At this stage, market looks more preferable towards this alt count in white which is market in progress to complete wave 5 and also please be noted about the diagonal triangle pattern. Also, please be careful for an over-throw or a bearish trap scenario. Otherwise we may see a strong breakout to the bearish continuation line 8 and the major bearish continuation critical line 1 which is favour to the alt count in yellow. Good luck.

 

[Jebatfx]

At this moment, I'm looking forward for either a bullish retracement (magenta) or a bullish reversal scenario (white). A further breakout to the upper green trendline and later to the upper yellow trendline would bolster both scenario. Otherwise, this scenario would be invalid if there is a further downside trend refering to the alt count in yellow. Good luck.

 

[Jebatfx]

At this moment, I'm looking forward for a further breakout to the twin upper diagonal triangle trendlines to bolster either the bullish retracement (magenta) or the bullish reversal (white) scenario. Preferably, I believed market will be in upside movement (magenta or white) soon if the "throw-over" and the twin diagonal triangles is valid. Otherwise we may see another bearish continuation refering to the alt count in yellow. Good luck.

 

[GOME]

buy gj now

enter price : 201.55
tp : 30 - 80 pip
stop loss : 50

resistance price

201.55 - 201.85
201.70 - 201.95
201.80 - 202.45

trade full time win after 8.00 pm today

 

[Jebatfx]

Preferably, I believed the "throw-over" or the bearish trap scenario is valid and looking forward for an upside movement either to complete corrective subwave a in magenta (bullish retracement) or corrective subwave a in white (bullish reversal). Otherwise this scenario would be invalid s there is any breakout to the major bearish continuation critical line 1. Good luck.

 

[Jebatfx]

At this moment, market still in bearish trend eventhough BSTS showing the trend is getting weak. Overall, I'm still looking for an opportunity referring to an upside movement (magenta or white). Please be noted also there is a possibility for another "throw-over" or bearish trap scenario later to complete wave v in magenta or wave 5 in white. Otherwise we may see a further true breakout of the major bearish continuation critical line 1 to according to the alt count in yellow. Preferably, please look for any good entry for bullish retracement (magenta) or bullish reversal (white) from BSTS later. Good luck.

 

[Jebatfx]

At this moment, I believed either subwave v (magenta) or wave 5 (white) will be completed soon and looking forward for an upside trend. But a further breakout of the major bearish continuation critical line 1 would put this scenario in major doubt. Advisable to look for another bullish entry signal later from BSTS. Good luck.

 

[Jebatfx]

At this moment, price still in bearish continuation trend and due to that, the alt count in magenta and yellow in critical stages. Preferably, advisable to wait for a good bullish reversal entry signal later once subwave v (magenta) or wave 5 (white) is completed. Please be extra careful for a "bearish trap" scenario. Otherwise market will continue further downside referring to the alt cont in yellow. Good luck and wish to all muslim a happy Ramadan.

 

[Jebatfx]

At this moment, I'm looking forward for completion of subwave 3 (magenta/yellow) before expecting a bullish retracement to complete subwave 4. Please be noted also, that further later subwave 5 could be an impulsive wave or only a truncated wave. Otherwise we may see market in bullish reversal trend referring to the alt count in white. Preferably, I'm only looking for an opportunity for either a bullish retracement or reversal entry signal from BSTS later (once wave iii or wave v/5 is completed). Good luck.