Gbp vs Jpy 1H Update #1

I'm looking forward for a bearish continuation to complete subwave iii before expecting any retracement to complete subwave iv in wave 3 (magenta). As long the critical line for magenta still intact, this scenario would still valid. Also please noted that the alt counts in yellow and white is already invalid. Overall, just don't forget to monitor your SL since anything is possible to happen. Good luck.

Gbp vs Jpy 1H

I'm looking forward for a bearish continuation trend later within this week to complete major corrective wave C (magenta/yellow/white). Therefore please look for any good entry signal from BSTS later. This scenario would still valid as long the bullish continuation line 2 still intact. A further breakout to the bearish continuation line 1 would bolster this point of view. Happy trading.

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

Chart 1H - Please analyse all possible alt counts and try to determine which one is more favourable according to your trading system. Preferably, I'm looking forward for a bearish continuation trend later next week. Therefore, please look for any good entry signal from BSTS later. Good luck.


Chart 4H - I hope the diagonal triangle pattern is valid for indication of a bearish reversal trend and a breakout to the bearish reversal bias line would bolester this scenario. Anyway please be carefull to the possibility of the alt count in white.


Chart Daily - Price already inside my maroon rectangles zones which is preferable for a bearish reversal trend in magenta. In daily, we can see more clearly the diagonal triangle pattern refering to the yellow trendlines. If this pattern stay valid, then I strongly believed we shall see a major bearish trend later starting next week. Anyway, please be extra carefull for alt count C in yellow.

Summary :

1) Preferably looking forward for a bearish continuation trend for next week.

2) Please analyse all bearish bias alt counts either refering to magenta or yellow or white.

3) A breakout to the bearish reversal bias line would bolster the bearish continuation scenario. Otherwise this scenario would be invalid if there is a true breakout to the bullish continuation critical line 2.

Good luck.

Gbp vs Jpy 1H Update #1

At this moment, I believed the alt count in white already invalid, and preferable to either the alt count in magenta or yellow. Also please noted the critical line for magenta count. If this line is taken, then I presume the alt count in magenta would be invalid. Favourably, I'm looking forward for a bearish continuation trend later. Anyway please be carefull if otherwise happen. Good luck and happy weekends.

Gbp vs Jpy 1H

I'm looking forward for a bearish continuation later today. Please study both alt counts in magenta and yellow for this scenario. A further breakout to the bearish reversal bias line would bolster this scenario. Otherwise, please be carefull for any bullish possibility refering to the alt count in white. Have a nice weeekend and good luck.

Gbp vs Jpy 1H Update #1

I believed market just made a false breakout and looking forward to see a bearish trend later refering to alt count in magenta or yellow. If this scenario valid, I'm looking for a possible subwave i ii iii iv and v in C (magenta/yellow) for bearish subwave sequences to be perform later. Otherwise we may see a bullish continuation refering to alt count in white later. Good luck.

Gbp vs Jpy 1H

Please be carefull for any breakout today. Preferably, I'm looking for a bearish entry signal today refering to alt count in magenta. But make sure to put a tight SL if you do so later. I'm still bias towards bearish trend due to a possible valid diagonal triangle pattern in TF 4H and Daily. But do always remember, in forex anything is possible. So good luck and may everybody have a nice weekends.

Gbp vs Jpy 1H Update #1

Due to the breakout to my upper teal triangle, preferably alt count in yellow become invalid. Please noted that I make a new recount refering to the alt count in white. Please be extra carefull since market is getting more complex. Favourably, I'm bias towards the alt count in magenta but anything is possible in forex. So good luck.

Gbp vs Jpy 1H

At this moment, price moving inside the teal triangle. Its look like market will again perform a corrective subwave abcde (cyan) before possibility a breakout to the lower major trendline for a bearish continuation to complete wave c (yellow or magenta). Please be carefull for any breakout to the upper teal triangle. Good luck.

Gbp vs Jpy 1H

I believed subwave i (yellow) or wave a (magenta) is already completed and looking forward for a completion of subwave ii (yellow) or wave b (magenta) before we could see a possible further bearish continuation to complete subwave iii (yellow) or wave c (magenta). This scenario would considered valid if 213.28 still intact (unless a false breakout). Preferably expecting for a bearish continuation trend later to complete wave c (yellow or magenta). Therefore, please look for a short entry from BSTS later. Good luck.

Gbp vs Jpy 1H Update #1

Due to the breakout to my magenta horizontal line, preferably the alt count in white considered as invalid. Therefore I'm looking forward market to perform a bearish reversal trend either refering to the alt count in yellow or magenta. Favourably, looking forward for a completion of either subwave i (yellow) or wave a (magenta) soon before expecting to see a bullish retracement trend either to complete subwave ii (yellow) or wave b (magenta). Please bear in mind that both scenario would be in major doubt if the price make a true breakout at 213.28. Good luck.

Gbp vs Jpy 1H

Please analyse all alt counts and monitor from BSTS which count is more preferable. I'm looking forward for a bearish reversal trend to complete major corrective a, b and c within this week either refering to the alt count in yellow or magenta. A further downside breakout would bolster this scenario. Expecting later, the price will bounce going upwards to complete subwave ii (yellow) or wave b (magenta) before we could see a major downside movement later. But don't forget the possibility of the alt count in white. Have a nice day.

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

Chart 1H - Preferably, I believed market already in bearish reversal trend either to complete subwave i (yellow) or subwave a (magenta). A further downside movement would bolster this scenario. Otherwise, market maybe in retracement phase before another bullish continuation to complete wave 5 (white).


Chart 4H - I'm looking further a downside movement before the price going upward again for a retracement to complete either the subwave ii (yellow) or wave b (magenta). Please analyse BSTS 3 and BSTS 2 in 4H chart for further bearish continuation trend at the moment.


Chart Daily - Market either still in bullish reversal (continuation) to complete wave C (yellow) or the establishment of wave 4 (magenta) before another major bearish trend to complete wave 5 (magenta). Please analyse BSTS 2 in Daily to decide which trend is more favourable.

Summary :

1) Preferably market in bearish reversal trend to complete the major corrective phase either according to the alt count in yellow or magenta.

2) Please be carefull to the alt count in white.

Good luck.

Gbp vs Jpy 1H Update #1

I believed market in bearish reversal trend either refering to alt count in yellow or magenta. Otherwise, we may see a bullish continuation again according to the alt count in white. Preferably, market either in the making of subwave i (yellow) or a (magenta). Therefore please trailing your entry by moving your SL and later find a close signal from BSTS. Happy weekends.

Gbp vs Jpy 1H

Due to the breakout to my bullish continuation line 1 yesterday, I have to come out with a bullish alt count in white. Preferably, I'm still bias towards bearish corrective trend to alt count in magenta or yellow. And I believed yesterday breakout is only a false breakout or a bullish trap scenario. Please refer to BSTS 2+3 tf 4H and Daily. Happy weekends.

Gbp vs Jpy 1H Update #2

At this moment, price just performed a double top and I believed wave b extension already completed and looking forward for a bearish reversal trend refering to wave c (white/magenta/yellow). I believed its only a false breakout or a bull trap scenario. But only God's know what will happen next. Have a nice day.

Gbp vs Jpy 1H Update #1

I believed wave b is already completed and looking forward for a major bearish corrective trend to perform wave c. Please do mind to yourself that wave c consist of subwave 1, 2, 3, 4 & 5. Therefore, I'm looking forward for the making of subwave 1 and 2 today and probably we shall see subwave 3 later tomorrow or next week. Also, please noted that this scenario is invalid if there is a true breakout to the bullish continuation line 1. Please wait for a good bearish continuation signal from BSTS later before making any entry. Good luck.

Gbp vs Jpy 1H

I'm looking forward for a completion of wave b eiher a flat corrective (white) or an expanded flat corrective (magenta or yellow) today before later possible a major bearish corrective of wave c. Please noted that this scenario would only valid if the bullish continuation 1 still intact. A true breakout to the bearish reversal bias line would bolster the bearish reversal point of view. Therefore please monitor a bearish continuation signal from BSTS later. Good luck.

Gbp vs Jpy 1H Update #1

I believed subwave 5 in wave a is already completed and looking forward for a minor bullish corrective a, b & c (cyan) to complete wave b (magenta/yellow). At this moment, price still inside the teal triangle and advisable to wait for another good entry signal from BSTS later within this few days. Please watch closely the new bearish bias price channel and the other critical lines as stated in the chart. Good luck.

Gbp vs Jpy 1H

I'm looking forward for a completion of subwave 5 (cyan) and corrective wave a (magenta or yellow) soon. Preferably, once this completed, I believed price will going upward to perform a corrective wave b 1st. before another bearish continuation to establish major corrective wave in c later this week. Please noted that if the price make a breakout to the bullish continuation line 1, this scenario would be invalid. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, price just bounce back after touched my bearish reversal bias line. I believed wave 5 already completed and preferably looking forward to see a bearish reversal trend to perform the corrective a, b and c later this week. Unless the price make a true breakout to the bullish continuation line 1, this scenario would still valid. Please look for another bearish continuation signal later from BSTS. Good luck.

Gbp vs Jpy 1H

At this moment, market either in retracement phase to complete subwave iv before another bullish continuation to complete subwave v (white) OR already in bearish reversal trend to complete wave a (magenta). I'm looking forward for a breakout to the lower descending teal triangle to bolster either to the retracement or bearish reversal scenario. Please noted that a breakout to the bearish reversal bias line would favourably to the alt count in magenta. Therefore, please take notes all the importants critical line and confirm any preferable trend from BSTS signal. And don't forget to protect and manage your entry by moving the SL. Good luck.

Gbp vs Jpy 1H Update #1

Market in bullish trend now and I'm looking forward for the completion of wave 5 (magenta or yellow) before we can see a bearish reversal trend to complete correction a, b and c. Please noted that if the price make a breakout to the green dotted horizontal line, then the magenta count would be invalid and preferably price will continue according to alt count in yellow. Tip - Standby for short entry once wave 5 is completed to perform a major a. b and c corrective wave.

Gbp vs Jpy 1H

At this moment price already make an upper breakout of the horizontal triangle EW corrective pattern (ascending triangle) and favourably looking forward for a bullish continuation refering to alt count in yellow. A true breakout to the bullish continuation line 1 would bolster this scenario. But please be carefull for a "bullish trap scenario" refering to alt count in magenta. Advisable to wait for a short entry after completion of wave 5 (magenta or yellow). Therefore please analyse a completion signal of wave 5 from BSTS before making any short entry. Good luck.

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

Chart 1H - An ascending triangle showing more bias towards bullish continuation to complete wave 5 in yellow. A breakout to the bullish continuation line 1 would bolster this scenario. But please noted that there was a good chances to see a bearish reversal trend refering to alt counts in magenta. Please analyse all the critical lines and look for any breakout of the ascending triangle before making any decission. Good luck.


Chart 4H - Please analyse both alt counts and comparing which count is more preferable from BSTS technical analysis.


Chart Daily - Overall, market still favourably bias towards a bullish continuation trend due to the recent breakout at 208.95. But please noted the possibility of the alt count in magenta. Therefore, advisable to monitor the market 1st and only making decission once the real trend has been unfold.

Summary :

1) Watch closely for any true breakout of the ascending triangle pattern and plan your trading strategy base on that. Standby for the bullish continuation breakout to perform wave 5 in yellow.
2) Advisable to wait for a bearish reversal trend later once wave 5 is completed (magenta or yellow). Preferably, look for the signal from BSTS later.

Good lucks.

Gbp vs Jpy 1H Update #1

At this moment, alt count in white already invalid. If the 'double top" scenario stay valid and the bullish continuation line 3 still intact, then preferably bias to alt count in yellow. Otherwise we may see a bullish continuation refering to magenta count. Have a nice weekends.

Gbp vs Jpy 1H

I'm looking forward for any breakout again to the teal expansion triangle today. Expecting to see a strong bearish breakout to be happen today. Advisable to protect your short entry by putting SL according to the upper green trendline of the teal expansion triangle. Otherwise we may see a breakout to the bullish continuation line 3. Good luck and happy weekends.

Gbp vs Jpy 1H Update #1

Until this moment, the upper green trendline still intact as a strong resistance. Price already made a small breakout to the lower trendline of the teal triangle and bounce back. I'm looking forward for a further downtrend movement soon to bolster the bearish reversal scenario. Otherwise if the price make a breakout to the upper green trendline and later to the bullish continuation line 3, this scenario would be invalid. Goodluck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a true breakout to the lower red trendline of the new expansion teal triangle to bolster the bearish reversal scenario. Otherwise if the price break the bullish continuation line 3, this scenario would be invalid. Please noted that if the price break the retracement critical line, then the magenta count would be invalid while if the price make a breakout to the bullish continuation line 3, then both alt counts in white and yellow would be invalid. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, overall we left with only 2 possible trend which is either a bearish reversal (yellow/white) or bullish continuation (magenta). Please watch closely the teal triangle for any breakout. A breakout to the upper teal triangle trendline and later to the bullish continuation line 3 would bolster the bullish continuation scenario. Otherwise if both lines stand as a strong resistance, then preferably to the alt count in yellow or white. Advisable to look for a bearish reversal signal from BSTS later. Good luck.

Gbp vs Jpy 1H

At this moment, market got 3 possibility either to the alt counts in white, yellow (truncated) or magenta (impulsive). Advisable to wait for a good entry signal either a bearish reversal or a bullish continuation signal from BSTS later. Please watch closely the bullish continuation line 3 and the S3 line. Good luck.

Gbp vs Jpy 1H Update #1

I believed wave 4 in progress and looking forward for a completion of wave 4 before another bullish continuation to complete wave 5 either an impulsive wave (magenta) or just a truncated wave (yellow). This scenario would only valid if my retracement critical line still intact. Other we may consider the alt count in white. Please monitor BSTS 3 for any bullish continuation signal later. Good luck.

Gbp vs Jpy 1H

Until this moment, I believed market already in wave 3 extension and price just got rejection after touched the upper major green trendline. I'm looking forward for a retracement phase to complete wave 4 later before another bullish continuation to complete wave 5 (only valid if my retracement critical line still intact). Please noted that wave 5 could be an impulsive wave (magenta) or only a truncated wave (yellow or white).

Summary :

1) Preferably market will be in retracement phase to complete wave 4 before another bullish continuation to complete wave 5.

2) Otherwise if my bullish continuation line 3 is taken, then favourably market already in bullish continuation and this retracement phase would be put into hold position first.

3) Please confirm any entry from BSTS later. Good luck.

Gbp vs Jpy 1H

A breakout to my bullish continuation line 2 made my previous alt counts in yellow and white become invalid. Therefore, I need to recount another possible wave count which is refering to new wave count in white, yellow and magenta (previous). Please noted that most probably market in wave 3 (yellow/white/magenta) at the moment and I'm looking for a confirmation for completion of wave 3 before a bearish retracement to perform wave 4 and further later for another bullish continuation to complete wave 5 (an impulsive or truncated). Good luck.

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

Chart 1H - Please analyse all possible alt counts and I'm looking forward for a bearish continuation trend later this week. Unless my bullish continuation line 1 is taken, this scenario would still valid. Otherwise we may see a bullish continuation refering to alt count in magenta.


Chart 4H - Preferably to alt count in yellow or white for another bearish continuation. Otherwise we may see a bullish trend to complete wave c in magenta.


Chart Daily - I'm looking forward for a comfirmation of completion of subwave ii (cyan) and later a bearish continuation trend to complete subwave iii (cyan) and b (yellow). But please also consider the probability of alt counts in white and magenta. Please wait a confirmation signal from BSTS befoe making any entry.

Summary :

1) Preferably looking forward for a bearish continuation trend either to the alt counts in yellow or white).

2) But please be carefull for any bullish trend refering to alt count in magenta.

Good luck.

Gbp vs Jpy 1H

Price already break my bullish continuation line 1 and looking forward for a completion either refering to wave b in yellow or in white (triple top) or wave c (magenta). Therefore, please look for any bearish reversal signal from BSTS or otherwise we may see a strong bullish continuation to break the strong resistance of the bullish continuation line 2. Be extra carefull tonite at 8.30 pm (GMT +8) for the announcement of NFP news. Good luck.

Gbp vs Jpy 1H Update #1

Due to the breakout of the 207.10, the previous alt count in yellow already became invalid, therefore please analyse the latest possible alt counts as stated in the chart. At this moment, price already in rejection after touch the bullish continuation line 1. If the line stay as a strong resistance, then perhaps we shall see a bearish trend either according to the alt count in yellow or white. Otherwise we shall see a bullish continuation either to complete wave c in magenta or more. Good luck.

Gbp vs Jpy 1H

Looking forward for any breakout either to the upper or lower trendlines of the teal triangle before determine which counts is more preferable. Therefore please analyse any signal from BSTS before making any entry. There is a possibility that today is a hedging day in market until tomorrow NFP news. Good luck.

Gbp vs Jpy 1H Update #1

Although overall signal still bias to bearish trend but please noted that there is possibility for the market to be in bullish trend either according to alt count in magenta or white. Therefore, please analyse all this possible alt counts and confirm it later from BSTS before making any entry. Please noted that favourably maybe market will be in hedging phase until before the announce of the NFP news on Friday. Good luck.

Gbp vs Jpy 1H

Until this moment, my retracement critical line still intact, therefore preferably to see a bearish continuation later either refering to alt count in magenta or yellow (truncated wave 4) or white ( subwave a, b & c in b). Otherwise if the retracement line is taken, then all this scenario would be invalid. Please confirm which favourable trend later from BSTS. Good luck.

Gbp vs Jpy 1H Update #2

I believed subwave a (white) or wave 4 (magenta/yellow) in progress and looking forward any chance for a bearish continuation to complete wave 5 (magenta/yellow) or subwave a, b & c in wave b (white) later. Please watch closely my retracement critical line. If this critical line is taken then all this scenario would be invalid. Therefore, please be patient to wait for a good bearish continuation signal to complete wave 5 (magenta/yellow) or C (white) from BSTS later. Make sure to make an entry only after a good bearish signal triggered from BSTS.

Gbp vs Jpy 1H Update #1

Its more likely subwave iv is already completed and looking forward for a completion of subwave v (magenta or white) or wave 3 (yellow). Advisable to be extra carefull for any long (bullish retracement) entry since overall analysis showing a strong bias towards bearish trend from BSTS. Make sure to wait for completion of subwave v (magenta/white) or wave 3 (yellow) before making any bullish retracement entry with a tight SL. Preferably - standby for a retracement phase once subwave v (magenta/white) or wave 3 (yellow) is completed to perform wave 4 (yellow) or wave b (white) and later a bearish continuation to complete wave c (white) or wave 5 (yellow). Good luck.