GBP/JPY Technical Analysis

[Jebatfx]

At this moment, I'm looking forward for completion of subwave e and ii (yellow) before expecting any possible bearish continuation later tonight. But please monitor those triangle for any breakout either to the upper or lower trendlines. Although I'm bias towards a bearish continuation but please bear in mind, anything is possible. So please be carefull. Therefore please analyse all possible counts (magenta/yellow/white) and decide which is more preferable. Happy weekends and good luck.

p/s : Untuk pengetahuan semua, allahyarhamah Maslinda Ismail iaitu isteri kepada Saudara Naseer (kuasaforex) baru saja pulang ke rahmatullah pada jam 11.30 malam tadi kerana sesak nafas. Marilah kita semua memanjatkan doa dan sedekah al-fatihah kepada allahyarhamah semoga roh beliau dicucuri rahmat dan di golongkan ke dalam orang-orang yang beriman dan soleh, al-fatihah.....amin.

[Jebatfx]

I'm looking forward for a completion of corrective subwave e (cyan) and ii (yellow) before expecting any possible bearish continuation movement. A strong resistance from the major upper green trendline (triangle) would bolster this point of view. But please be carefull if the price make a true breakout to the upper green triangle trendline. Good luck.

[Jebatfx]

Please analyse both alt counts either in yellow or white. Preferably, I'm looking for a bearish continuation trend refering to alt count in yellow.. A further downside movement and a true breakout to the lower red trendline would bolster this scenario. Otherwise, a breakout to the upper green trendline and later to the bullish continuation line 1 would favour to the alt count in white. Have a nice weekends.

[Jebatfx]

Until this moment, price just been rejected from the major upper green trendline. Please noted that I made some adjusment to the alt count in yellow and magenta. I believed subwave e (cyan) and ii (magenta) is already completed and looking forward for a further downside movement later next week for a bearish continuation to complete subwave iii (magenta or yellow). Favourably, a breakout to the lower major red trendline would bolster this scenario. Meanwhile, a further breakout to the upperside until the bullish continuation line 1 would put the bearish continuation scenario in major doubt. Good luck.

[ajidss_ajidss]

wah..pening-pening aku tengok ni semua

[Jebatfx]

Originally Posted by ajidss_ajidss

wah..pening-pening aku tengok ni semua

slow slow fahamkan saudara, good luck.

[Jebatfx]

Gbp vs Jpy 1H, 4H & Daily Pre Market Overview



Chart 1H - Please noted that there was 3 possible alt counts which is either magenta, yellow or white. Preferably, I'm looking for bearish continuation either refering to alt count in magenta or yellow. Therefore, please confirm form your BSTS for any bearish continuation entry signal. Otherwise we may see a bullish trend according to the alt count in white.



Chart 4H - I'm looking forward for a completion of subwave ii (magenta or yellow) before expecting for any bearish continuation trend. A further breakout to the lower major red trendline would bolster this scenario. Otherwise if the price move further upwards and made a true breakout to the bullish continuation line 2, this scenario would be invalid.



Chart Daily - I'm looking forward for a valid reversal diagonal triangle pattern (rising wedge) which is refering to a bearish reversal trend to perform either to alt count in magenta or white. But please be carefull for any bullish continuation trend refering to alt count in yellow.

Summary :

1) Preferably looking for a bearish continuation trend and a further breakout to the major lower red trendline would bolster this scenario. This scenario would be invalid if there is a breakout to the bullish continuation line 2.

2) Please also be carefull for a possibility of the bullish trend. A true breakout to the bullish continuation line 2 would bolster this alt counts.

Happy trading and good lucks.

[Jebatfx]

Price have to make a breakout from the teal triangle either to the upper or lower trendlines. Please be carefull for any bullish trap or false breakout to the upper green trendline. But if the price continue moving upwards until break the bullish continuation line 1 and 2, the bearish continuation trend would be in major doubt. Preferably, I'm still looking for any possible bearish trend to complete corrective wave c (magenta or yellow). Good lucks.

[Jebatfx]

Please noted that the alt count in magenta is already invalid. Price just bounce back from the major lower red trendline and I'm looking forward for another attempt later. Please analyse both counts (yellow and white) and try to determine which one is more favourable from BSTS. Good luck.

[Jebatfx]

Until this moment, the major lower red trendlines still stand as a strong support and a true breakout would bolster the bearish continuation trend scenario. But please be carefull any strong bounce which is would favour to the alt count in white. Preferably, I'm looking forward for a bearish trend later within this week. Good luck.