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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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:D
 
overall daily bullish with the formation of a potential double bottom but slight correction from bernanke speach...
 
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Preferable Bearish before going up again to complete wave 5 & c. Expecting to see reversal Head & Shoulder DT to complete wave 4 & c.
Tips : Wait for good reversal buy signal from BSTS before you enter.
 
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b already established ? If b is completed, then we shall see price going down to complete wave c. Will be confirm soon. We can see also the chart in the proccess of making "Head & Shoulder" DT reversal chart pattern. Preferable Bearish bias.
 
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Market in Bearish trend. "Head & Shoulder" DT reversal most likely already created. Just watch closely both the DT price channel trendline.
 
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Already reached my target. But I think maybe there will be an exspansion, who knows. My tips, wait for strong bullish reversal signal from BSTS. Happy weekends.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.13290
USD / JPY
158.110
GBP / USD
1.32583
USD / CHF
0.83582
USD / CAD
1.42409
EUR / JPY
179.122
AUD / USD
0.69535
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