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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

salam bro2 & apa kabar tuan tanah

maaf bro2 & otai2..nak tumpang belajar kat thread nie..
 
GJ update 6:17pm

Pivot: 208.2

Our preference: Long @ 208.35 with targets @ 209 & 209.75 in extension.

Alternative scenario: Below 208.2 look for further downside with 207.75 & 207.05 as targets.
 

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Thank arjer.,professor,dh 2 hari x masuk sini,nway thanks.
 
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Preferable still in Bullish trend unless the price break the critical point. At the moment, the price DT to complete wave iv before going up again to finish wave v.
 
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The price nearly kiss the critical point. Until now, the Bullish count still valid and watch closely where the price will heading to. If the price start rebounces going up, then I believe wave iv already established and it will start making wave v up.
 
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If wave v,3 already established, price will start DT to perform wave a b and c. At the moment, price already at R3 and upper trendline. Possibility reversal DT will take place unless wave v,3 still not complete.
 
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After a strong bullish yesterday, I prefer the price will do a correction to complete wave c,4 DT. But if the price break the critical point, there a probability for uptrend continuation. So watch closely the low trendline, critical point and signal from "Bujang Senang Trading System" before you enter short or long. Preferable Bearish bias.
 
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Previously expected to see Double Top can be diminished. Now looking for DT Head & Shoulder Pattern and other reversal signal. Until now, DT reversal only a speculate and market still in Bullish trend.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.13188
USD / JPY
158.110
GBP / USD
1.32505
USD / CHF
0.83582
USD / CAD
1.42409
EUR / JPY
179.152
AUD / USD
0.69453
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