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Time now: Jun 1, 12:00 AM

Analysis GBP/JPY

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Price already made a breakout DT to complete wave 4(maybe). But if the price continue DT until break both critical line, reversal uptrend to make wave 5 will be extremely in doubt. So only enter long post if you see good reversal signal from BSTS. Market in Bearish Continuation at the moment.
 
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Already reached my TP. Either price will make a reversal or continue DT, we need to wait and see. Be patient and watch carefully for any Bearish continuation signal or bullish reversal signal from BSTS later. Trend - Bearish Continuation
 
Bro..terima kasih carta bro bagi tu....banyak yang dapat saya pelajari...cuma harga tak nampak...bagi saya newbies yang baru belajar nak buat kira2 ni...

anyway...keep-up the good job Bro:)
 
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I believed wave 4,c already completed. If the price going to make a Bullish reversal, there should be i, ii, iii, iv and v UT direction later on. Unless the price break the lower critical point, this bullish reversal idea can be forgotten. Wait for very good reversal signal before make any entry. Preferable - Reversal Bullish
 
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At the moment, reversal bullish from yesterday count still valid. I believed wave i just completed and price will start DT to complete wave ii. Unless the price continue DT until break both the critical line, the reversal bullish count can consider to be invalid but otherwise, suspected the price will UT again making wave iii following the UT trendline tunnel. I'm waiting the price to make "double bottom" before going up again. Preferable - Bullish Reversal from yesterday DT.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.13640
USD / JPY
157.031
GBP / USD
1.32891
USD / CHF
0.83459
USD / CAD
1.41848
EUR / JPY
178.254
AUD / USD
0.69722
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