GBP/JPY Technical Analysis

[Jebatfx]

At the moment, price moving inside the teal correction triangle. I believed maybe the price will perform a triple bottom later before going upwards again to complete wave 3 4 5 c and iv. Otherwise if the bottom bearish continuation critical has been a true breakout, the we may seems to see a beraish continuation to complete wave V and 5. Preferable - Retracement to complete wave iv. Please be patient and wait for a complete signal from BSTS before making any entry. Good luck

[Jebatfx]

I believed price is on the move to complete wave 3 in wave iv retracement. As long the price move along inside the green zones and no "double top" pattern", this idea would still be valid. So just move your SL and lock your target. Please close once you see any close signal from BSTS. Good luck.

[Jebatfx]

I believed the price in wave 3 extansion and maybe will reach fibo 50% or 61.8% later. There is nothing much to explain here except just hold your long entry until got BSTS close signal. Good luck.

[Jebatfx]

At the moment, the price already hit my TP2 and I believed it will start to retrace to complete wave 4 later. Unless the the price break the bullish reversal critical line 1, this scenario would still be valid. Please look at BSTS3 - 4H before making any entry. Good luck

[Jebatfx]

I believed wave 3 already completed and market in retracement phase for wave 4 before going upwards again to complete wave iv, c and 5 which is I presumed would be a truncated pattern later. Unless the price break the major bearish critical line, this scenario would still valid. Please study all the critical lines, the three triangle zones and wait for a complete signal from BSTS before making any entry. Preferable - retracement wave 4 before upwards again to complate wave 5. Tips - look for any BSTS3 signal at TF 4H later. Good luck.

[ramfir]

Saya dari awal sampai post ini, mengikuti perkembangan
analysis ni.

Saya ada satu soalan.
Apa contoh signal BSTS?

[Jebatfx]

Originally Posted by ramfir

Saya dari awal sampai post ini, mengikuti perkembangan
analysis ni.

Saya ada satu soalan.
Apa contoh signal BSTS?

salam, hanya anda akan tahu apabila mengikuti seminar di mana pada ketika itu anda akan di ajar untuk membuat technical analisis dengan mengunakan BSTS. Tq.



At this moment market in corrective phase (small teal triangle). Until now, wave count in yellow still valid unless the price break the bearish continuation line. So watch closely which breakout will take place later. Good luck.

[Jebatfx]

At this moment market in corrective phase (small teal triangle). Until now, wave count in yellow still valid unless the price break the bearish continuation line. So watch closely which breakout will take place later. Good luck.

[Jebatfx]

There is 2 possibility wave count at the moment. Its still unclear which is the major trend later. The price still in correctice zones and I need to wait for a strong breakout to confirm. Please always remember that wave 5 (cyan) could be a truncated which is either will establish a "double top" or lower then wave 3 high. Better to stay out from market unless the price approaching any critical line later. p/s wave 4 in iv always the hardest market phase to predict.

[Jebatfx]

At this moment, price moving towards the critical zones which are more bias for bearish scenario. Its look likely wave iv already established but its still unclear unless we have a good breakout into red triangles zones. Please make a revission about all the possible counts and watch closely those critical lines. Just wait for everything to be unfold 1st.