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

Chart 1H - Due to the current scenario, I believed subwave 3 (magenta or yellow) is in progress and looking forward for a retracement to complete subwave 4 (magenta or yellow) once its completed. Otherwise market will perform a major corrective abc according to the alt count in white.


Chart 4H - At this moment, market still in strong bearish continuation either to complete subwave 3 (magenta or yellow) or major wave 5 (white). Advisable to wait for a very good bullish retracement or bearish continuation signal later from BSTS.


Chart Daily - Preferably I believed market in progress to perform major wave 5 either referring to the alt count in yellow or magenta. My trading strategy for this week or next following week is to look for a good bullish reversal entry signal later to complete corrective abc once wave 5 (magenta or yellow) or subwave v (white or megenta) is completed.

Summary :

1) Market still in strong bearish continuation trend either to complete subwave v (magenta or yellow) or wave 5 (white).

2) Advisable to look for either a bullish retracement or reversal entry signal later once subwave v or major wave 5 is completed.

Selamat menjalani ibadah puasa di bulan Ramadan. yang mulia ini.
Happy Ramadan.

Good luck.

Gbp vs Jpy 1H

At this moment, price still in bearish continuation trend and due to that, the alt count in magenta and yellow in critical stages. Preferably, advisable to wait for a good bullish reversal entry signal later once subwave v (magenta) or wave 5 (white) is completed. Please be extra careful for a "bearish trap" scenario. Otherwise market will continue further downside referring to the alt cont in yellow. Good luck and wish to all muslim a happy Ramadan.

Gbp vs Jpy 1H Update #1

At this moment, I believed either subwave v (magenta) or wave 5 (white) will be completed soon and looking forward for an upside trend. But a further breakout of the major bearish continuation critical line 1 would put this scenario in major doubt. Advisable to look for another bullish entry signal later from BSTS. Good luck.

Gbp vs Jpy 1H

At this moment, market still in bearish trend eventhough BSTS showing the trend is getting weak. Overall, I'm still looking for an opportunity referring to an upside movement (magenta or white). Please be noted also there is a possibility for another "throw-over" or bearish trap scenario later to complete wave v in magenta or wave 5 in white. Otherwise we may see a further true breakout of the major bearish continuation critical line 1 to according to the alt count in yellow. Preferably, please look for any good entry for bullish retracement (magenta) or bullish reversal (white) from BSTS later. Good luck.

Gbp vs Jpy 1H Update #1

Preferably, I believed the "throw-over" or the bearish trap scenario is valid and looking forward for an upside movement either to complete corrective subwave a in magenta (bullish retracement) or corrective subwave a in white (bullish reversal). Otherwise this scenario would be invalid s there is any breakout to the major bearish continuation critical line 1. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a further breakout to the twin upper diagonal triangle trendlines to bolster either the bullish retracement (magenta) or the bullish reversal (white) scenario. Preferably, I believed market will be in upside movement (magenta or white) soon if the "throw-over" and the twin diagonal triangles is valid. Otherwise we may see another bearish continuation refering to the alt count in yellow. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, I'm looking forward for either a bullish retracement (magenta) or a bullish reversal scenario (white). A further breakout to the upper green trendline and later to the upper yellow trendline would bolster both scenario. Otherwise, this scenario would be invalid if there is a further downside trend refering to the alt count in yellow. Good luck.

Gbp vs Jpy 1H

At this moment, due to the current downside trend, favourably the alt count in magenta is in major doubt while the previous alt count in white is already invalid. Therefore, please analyse the latest possible alt count in white. At this stage, market looks more preferable towards this alt count in white which is market in progress to complete wave 5 and also please be noted about the diagonal triangle pattern. Also, please be careful for a throw-over or a bearish trap scenario. Otherwise we may see a strong breakout to the bearish continuation line 8 and the major bearish continuation critical line 1 which is favour to the alt count in yellow. Good luck.

Gbp vs Jpy 1H

Please analyse all possible alt counts. Preferably, I'm looking for a bullish retracement scenario refering to the alt count in magenta later within this week. A further breakout to the upper green trendline would bolster this scenario. Otherwise this scenario would be invalid if there is a true breakout to the bearish continuation line 8. Please confirm any good entry signal from BSTS later. Good luck.

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

Chart 1H - At this moment market can be divided into 3 possible alt counts which is :-

1) Bearish Continuation Scenario (yellow) - Possible market in progress to perform subwave 3 in V and 3 before expecting a bullish retracement to perform wave 4.
2) Bullish Retracement Scenario (magenta) - Possible market in progress to perform corrective wave abc in wave 4 before expecting for another bearish continuation to complete wave 5.
3) Bullish Reversal Scenario (white) - Possible market in progress to perform major corrective c in 5 wave structures.

Therefore, please determine later which alt counts is more favourable. Preferably, I believed market would be in bullish retracement refering to alt count in magenta.


Chart 4H - Please be noted that there was a possible "falling wedge" bullish reversal pattern can be seen in the chart. A breakout to the upper yellow trendlines would bolster this scenario. Otherwise, a possible true breakout to the lower red trendline and further to the lower yellow trendline would favour to the alt count in yellow.


Chart Daily - I'm looking forward for a further bearish continuation trend either to the alt count in yellow or magenta. Favourably, I'm looking for a bullish retracement 1st refering to alt count in magenta before expecting for another bearish continuation to complete wave 5. But there are possibility to see a bearish continuation according to alt count in yellow. Otherwise we may see a bullish reversal trend according to the alt count in white.

Summary :

1) I'm looking forward for a bullish retracement trend to complete subwave c in wave 4 refering to alt count in magenta before expecting a bearish continuation to complete wave 5.

2) But please be careful for any bearish continuation scenario according to alt count in yellow.

Therefore please confirm which count is more favourable form BSTS and any true breakout later either to the upper or lower trendline. Good luck.

Gbp vs Jpy 1H Update #1

Since the previous yellow critical line is already been taken, therefore I need to do a recount for any possible bearish continuation bias alt count. Please analyse the latest possible alt counts especially the alt count in yellow. Please be noted also there are possible a "Falling Wedge" pattern detected in the chart. A true breakout to the upper green trendline would bolster the bullish retracement scenario (magenta or white) meanwhile a further downside trend until a breakout to the bearish continuation line 9 would bolster the alt count in yellow. Good luck.

Gbp vs Jpy 1H

At this moment, price already break possible neckline of an inverted H & S reversal pattern. A further breakout to the yellow critical line would more favour into either alt counts in magenta or white. Otherwise, a breakout to the bearish continuation line 9 would favour to the alt count in yellow. Preferably, I'm looking for a truncated wave v in 3 scenario refering to alt count in magenta and looking forward for another bullish retracement to complete wave 4 (magenta) before expecting for another bearish continuation to perform wave 5 (magenta). Good luck and happy weekends.

Gbp vs Jpy 1H Update #1

At this moment, I'm looking forward for a completion of subwave v in wave 3 either refering to the alt counts in magenta or yellow before expecting a bullish retracement to complete wave 4. Please be noted also a possibility an inverted H & S reversal pattern. Good luck.

Gbp vs Jpy 1H

Until this moment, I'm still waiting for a confirmation either refering to the further bullish retracement trend (magenta) or a further bearish continuation trend (yellow). Please be noted that there are possible a H & S pattern and a further true breakout to the neckline would bolster the bearish continuation scenario. Otherwise a true breakout to the upper green trendline would bolster the bullish retracement (magenta) or the bullish reversal scenario (white). Good luck.

Gbp vs Jpy 1H

Until this moment, price still inside the corrective teal triangle. I'm looking forward for a true breakout either to the upper or lower teal triangle trendline to determine which alt count is more favourable. Although the major trend is bearish but there are possibility to see for another bullish retracement to complete the corrective wave 4. So please be extra careul. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, I'm looking forward for a completion of a truncated subwave iv (magenta) or a subwave 1 in wave v (yellow) before before expecting for a bullish retracement either to complete subwave 4 (magenta) or subwave 2 in v (yellow). Otherwise, there are also a probability for a bullish reversal trend according to the alt count in white. Good luck.

Gbp vs Jpy 1H

At this moment, favourably wave iv is already completed and I'm looking forward for a bearish continuation to complete eiterh a truncated subwave v (magenta) or an impulsive subwave v (yellow). Otherwise we may see another bullish retracement to complete corrective wave c and 4 in white. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, price already made a breakout to the lower yellow trendline. If its a true breakout and subwave iv (magenta) is already completed, then we may see for another bearish continuation either to complete a truncated subwave v (magenta) or an impulsive subwave v (yellow). Otherwise we may see the price bounce back to complete the subwave iv in yellow or wave 4 in white. Good luck.

Gbp vs Jpy 1H

I'm looking forward for a completion of subwave iv either in magenta or yellow. Advisable to wait for a bearish continuation entry signal later from BSTS for this week. Otherwise we may see an extension of corrective phase according to the alt count in white. Good luck.

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

Chart 1H - Preferably, I'm looking for a completion of corrective subwave iv in magenta or yellow before expecting for another bearish continuation either to complete a truncated subwave v in magenta or an impulsive subwave v in yellow. Otherwise we may see a further bullish retracement to complete subwave c and major wave 4 in white. Good luck.


Chart 4H - At this moment, I'm looking for a possible reversal pattern of rising wedge in corrective abcde (cyan) to complete subwave iv before expecting for another bearish continuation. Therefore advisable to look for a good bearish continuation entry signal from BSTS 3 later favourably at BSTS 3 4H.


Chart Daily - Favourably, I divided the market into 3 possible scenario which are :-

a) Truncation Scenario (white) - Market will perform another bearish continuation to complete a truncated wave v after completion of wave iv.

b) Impulsive Scenario (magenta or yellow) - Market in bullish retracement to complete subwave iv before expecting for another breasih continuation to complete an impulsive subwave v either in magenta or yellow.

Summary :

1) Preferably, market in bullish retracement to complate subwave iv (magenta or yellow) before expecting for another bearish continuation either to complete a truncated wave v (magenta) or an impulsive wave v (yellow).

2) Please be careful for any possibility of bullish retracement refering to alt count in white. Please be noted that all bearish continuation scenario would be invalid if the price make a true breakout to the bullish continuation line 1.

Good luck.

p/s Untuk pengetahuan semua, seoarang sahabat kita iaitu saudara Hafizi Yasin telah pulang ke rahmatullah pada hari jumaat jam 10 malam lepas. Semoga kita sama sama mendoakan semoga roh allahyarham akan sentiasa di berkati dan di rahmati oleh Allah s.w.t hendaknya. Al-Fatihah.

Gbp vs Jpy 1H Update #1

At this moment, market already touched the upper yellow trendline. Either corrective abcde in subwave iv (magenta) is already completed and we shall see a bearish continuation to complete subwave v (magenta). A true breakout to the lower yellow trendline would bolster this scenario. Otherwise we may see another bullish retracement continuation to complete subwave iv in yellow or wave 4 in white. Good luck and have a nice weekends.

Gbp vs Jpy 1H

I'm looking forward for a completion of corrective subwave iv (magenta or yellow) or corrective subwave c in 4 (white) before expecting for another bearish continuation either to complete subwave v and major wave 3 (magenta or yellow) or major wave 5 (white). Therefore, advisable to wait for a bearish continuation entry signal from BSTS later once the bullish retracement phase is completed. Happy weekends and good luck.

Gbp vs Jpy 1H Update #1

At this moment, I believed market in bullish retracement either to complete subwave iv (yellow) or wave 4 (white) before expecting for another bearish continuation either to complete subwave v in yellow or wave 5 in white. Otherwise we may see a bearish continuation to complete an extension subwave iii in magenta. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a bullish retracement or corrective phase a,b,c (cyan or white) either to complete subwave iv (yellow) or major wave 4 (white) before expecting for another bearish continuation. Otherwise this scenario would be invalid if there is a further true breakout to the bearish continuation line 8 (magenta count). Please confirm any entry from BSTS later. Good luck.

Gbp vs Jpy 1H Update #1

Until this moment, market still in strong bearish continuation trend and I'm still looking for any sign of bullish retracement once subwave iii (yellow or magenta) is completed. Advisable to be wait for a very good retracement signal if you plan to make a retracement entry. Therefore please analyse all possible counts (white, yellow or magenta) and plan your next entry strategy. Please confirm it from BSTS later. Good luck.

Gbp vs Jpy 1H

Until this moment, market still in strong bearish continuation either to complete subwave iii in white, yellow or magenta. Therefore please be extra careful if you are plan to make a bullish retracement entry. Advisable to wait a confirmation from BSTS 2 tf 4H for any retracement entry. But also be careful for any subwave iii extension scenario. Overall trend is Bearish, therefore please analyse your trading strategy and wait for a very good entry signal later. Good luck.

Gbp vs Jpy 1H Update #1

Please be noted that due to the further bearish continuation trend, the previous alt count in white and the proposed corrective abcde is already invalid. I'm still looking for a bullish retracement phase to complete subwave iv once subwave iii (yellow or magenta) is completed. But please careful since there is a good possibility the market will be in bullish reversal trend according to the alt count in white. A "double bottom" pattern would bolster this scenario. Good luck.

Gbp vs Jpy 1H

Preferably, I'm looking for another bullish retracement phase to complete subwave c in cyan. Otherwise we may see a bearish continuation according to alt count in magenta or a bullish reversal according to alt count in white. Good luck.

Gbp vs Jpy 1H Update #1

I'm looking forward for a market to perform a corrective a,b,c,d,e (cyan) and subwave ii (yellow) before expecting for another bearish continuation to complete subwave iii (yellow). Otherwise we may see a bullish reversal according to the alt count in white. Good luck.

Gbp vs Jpy 1H

At this moment, market already reached the lower red trendline and bounce back. I'm looking forward for a bullish retracement to complete subwave ii (yellow or magenta) before expecting for another bearish continuation to perform subwave iii (yellow or magenta). An establishment of possible "H & S" pattern (yellow rectangle) would bolster this scenario. Otherwise, we may see a bullish reversal trend according to the alt count in white. Preferably, advisable to standby for any bearish continuation signal from BSTS later. Good luck.

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

Chart 1H - Please study all possible counts and preferably, I'm looking for a bullish retracement before expecting for another bearish continuation either refering to alt counts in yellow or magenta. Otherwise if the price break the bullish continuation line 1, this scenario would be invalid. Therefore, please wait for any good entry signal from BSTS later.


Chart 4H - I'm looking forward for a bullish retracement later but please be careful for any bearish continuation scenario. Please be noted for any possible "double bottom" pattern scenario or any true breakout of the bearish continuation critical line 3.


Chart Daily - Preferably I'm looking for a further bearish continuation scenario refering either to the alt count in white or magenta later next week. A true breakout of the lower red trendline would bolster this scenario. Otherwise a breakout to the bullish continuation line 1 would favour to the alt count in yellow.

Summary :

1) Preferably, I'm looking forward for a bullish retracement later to complete subwave ii (yellow or magenta) once subwave i is completed before expecting for another bearish continuation scenario to perform subwave iii (yellow or magenta). A "double bottom" pattern scenario and a strong resistance from the upper green trendline would bolster this scenario. Please be careful for any breakout to the bearish continuation line 3 and the bullish continuation line 1 later.

2) Otherwise, please be careful for any possibility a market movement refering to the alt count in white (TF 1H & 4H).

3) Please confirm which is the preferable counts and any entry from BSTS later.

Good lucks.

Gbp vs Jpy 1H Update #1

Until this moment, price already break the lower major red trendline and the bearish continuation line 2. Either there will be a bullish retracement or a further bearish continuation later, I can only determine by next week. Please be noted also for any possible double bottom pattern scenario and look for any good bullish retracement entry signal from BSTS later. Happy weekends,

Gbp vs Jpy 1H

At this moment, price already break the bearish continuation line 1, therefore the previous alt count in magenta and white is already invalid. Please analyse the latest possible alt counts and preferably I'm looking for possible bullish movement once subwave c (yellow) or subwave a (magenta) is completed. Please confirm any possible entry from BSTS later. Good luck and happy weekends.

Gbp vs Jpy 1H Update #1

Until this moment, all possible alt counts still valid. Preferably, I'm looking forward for a market movement refering to the alt count in yellow. Please be noted that price still inside the major triangle zone. A further breakout to the bearish continuation line 1 would bolster the alt count in yellow. Otherwise if the price break the bullish continuation line 1, this scenario would be invalid. Good luck.

Gbp vs Jpy 1H

Please be noted that the previous alt count in yellow is already invalid. Therefore please analyse the latest possible alt counts. I believed market in small retracement to complete subwave 4 before expecting another bullish continuation either to complete a truncated subwave 5 (yellow) or an impulsive subwave 5 (magenta or white). Please watch closely the bearish/bullish continuation line 1 and the major triangle for any breakout. And a wave recount is needed if the price break the bearish continuation line 1 later. Advisable to look for a bearish reversal entry signal from BSTS later once wave 5 is completed. Good luck.

Gbp vs Jpy 1H Update #1

Until this moment market already break the middle upper green trendline and please be noted that a further breakout to the yellow critical line would put the alt count in yellow become invalid. Favourably, I believed market in corrective phase to complete wave c in magenta. But please analyse for any possible movement refering to alt count in white. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a downside movement either to complete subwave b (magenta or white) or subwave v (yellow). Please watch closely the teal triangle for any breakout later. Good luck.

Gbp vs Jpy 1H

Since the price already break the previous white critical line, therefore, both previous alt counts in magenta and white already considered as invalid. Therefore please analyse the latest possible alt counts and try to determine which counts is more preferable from BSTS. Is either wave v (white) is already completed or there shall be another bearish continuation to complete either wave v in magenta or wave iii in yellow. Good luck.

Gbp vs Jpy 1H Update #1

Until this moment, the lower red trendline still stand as a strong support line and I'm looking forward for a breakout to the downside direction. I believed we shall see a bearish continuation soon and please be careful for any valid of "double bottom" pattern. A breakout to the white critical line would bolster this scenario. Good luck.

Gbp vs Jpy 1H

At this moment I'm looking for a bearish continuation to perform subwave iii in yellow. A true breakout to the lower red trendline (teal triangle) would bolster this scenario. Otherwise if the price break the yellow critical line then this alt count (yellow) would be invalid and market would favour to the alt count either in magenta or white. Advisable to look for any bearish continuation signal from BSTS later if the bearish continuation scenario (yellow or magenta) still valid. Good luck.

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

Chart 1H - I'm looking forward for a bearish continuation to complete subwave iii in yellow. But please be careful for any possibility of the alt count in magenta or white. Advisable to wait for another very good bearish entry signal from BSTS later before making any entry.


Chart 4H - Preferably, I'm looking for further downside trend but please be extra careful if the "double bottom" pattern scenario is valid. And if the price bounce and break the yellow critical line, the bearish continuation scenario would be invalid. Otherwise, a breakout to the lower red trendline would bolster the bearish continuation scenario.


Chart Daily - Please watch closely the upper green trendline and the red lower trendline to confirm which trend is more preferable. I believed market in bearish reversal trend and a true breakout to the lower red trendline would bolster this scenario. But a breakout to the upper green trendline would put this bearish reversal scenario in major doubt.

Summary :

1) Preferably, I'm looking for a further bearish continuation trend to complete subwave iii in yellow. A breakout to the white critical line would bolster this scenario. Please analyse BSTS 2 & 3 TF Daily and Weekly for any valid signal.

2) But please be careful if the "double bottom" pattern scenario is valid. A breakout to the yellow critical line would favour to the alt counts refering either to the magenta count or white count.

Good luck.