Gbp vs Jpy 1H

Favourably, I'm looking forward for a major retracement trend to perform major corrective wave b in 5 downtrend wave structures according to the alt count in yellow. But, please be careful for any horizontal triangle corrective pattern abcde referring to the alt count in magenta. Therefore, please confirm any possibility trend from BSTS and any breakout later. Good luck and happy weekends.

Gbp vs Jpy 1H Update #1

Preferably, I believed market in progress to perform corrective subwave b in cyan before expecting for another bearish continuation trend to perform either wave 2 in white or subwave c in b (yellow). But, please be careful for any breakout towards the yellow critical line. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for an opportunity of bearish retracement trend either referring to the alt count in white or yellow before expecting for another bullish continuation trend later. But please be extra careful, since subwave b (cyan) could perform a double top pattern. As long the yellow critical line is remain intact, this scenario would still be valid. Good luck.

Gbp vs Jpy 1H Update #1

Favourably, I believed market in bearish retracement trend either to perform wave 2 in white or major corrective wave b in yellow before expecting for another bullish continuation trend. Therefore, please watch all critical lines and trendlines for any breakout to confirm. Good luck.

Gbp vs Jpy 1H

Please be noted that due to the breakout, I made a recount referring to the alt counts in yellow and white. Eventhough, favourably market in bullish trend (maybe magenta) but please be extra careful, since I believed market will perform a bearish retracement trend either to complete the latest alt counts either to perform wave in white or major corrective wave b in yellow within this week. A bulllish trap and a double top pattern would bolster this scenario. Otherwise we may see another breakout to complete subwave iii in magenta (please refer FE 161.8%). Good luck.

Gbp vs Jpy 1H

At this moment, the waves is getting more complicated. Preferably, I'm looking forward for a bearish retracement trend either to complete subwave 2 in yellow or corrective wave b in white. A valid diagonal triangle pattern, bullish trap scenario and a breakout to the lower white trendline would bolster towards the alt count in white. Otherwise market have to make a strong breakout toward the bullish continuation critical line 2 to bolster the alt count magenta (which is look slightly invalid). Please be extra careful. Good luck.

Gbp vs Jpy 1H

Please be noted that a further breakout to the major bullsih continuation critical line 1 would bolster towards either the alt counts in magenta or yellow (horizontal triangle abcde). Otherwise a breakout to the major red lower trendline and later to the bearish continuation critical line 1-2 would bolster towards the alt count in white to perform major corrective wave b. Therefore, please confirm any favourable counts from BSTS later. Good luck.

Gbp vs Jpy 1H

Due to the latest market situation, I divided market into 3 possible scenario which is :

1) Magenta - market is progress to perform subwave ii in 3 before expecting for another bullish continuation to complete subwave iii in 3.

2) Yellow - market in progress to perform wave 2 (lower trendline) before expecting for another bullish continuation to complete wave 3 in C.

3) White - market in progress to perform wave 2 before expecting for another bullish continuation to complete wave 3 in c.

Advisable to look for any bullish continuation entry signal later from BSTS. Happy weekends and good luck.

Gbp vs Jpy 1H Update #1

Please be noted that due to the breakout towards the previous yellow/critical lines, therefore I need to recount for latest possible alt counts. Please analyse latest alt counts and unless there is a strong bullish continuation trend later, then I believed we shall see a bearish retracement trend to perform wave 2 in yellow. Otherwise we may see a further bullish continuation trend either to complete wave 3 in magenta or wave 1 in white. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a "double top" scenario to bolster towards the alt counts either in yellow or white. But, please be noted that a further breakout to the cyan dan yellow/white critical line would bolster towards the alt count in magenta. Therefore, please confirm either trends from BSTS later. Good luck.

Gbp vs Jpy 1H Update #1

Please be noted there is possibility that the market in progress to perform a complex horizontal triangle corrective wave iv referring to the alt count either in yellow or white. As long the yellow/white critical lines is remain intact, this scenario would still valid. Otherwise a further breakout to the yellow/white critical lines would bolster towards the alt count in magenta. Favourably, I'm looking forward for any possibility towards the alt counts either in yellow or white. Good luck.

Gbp vs Jpy 1H

At this moment, price already touched and pullback from the upper green trendline. Price have to further break to the upside to bolster the bullish continuation trend scenario referring to the alt count in magenta. Otherwise we may see a bearish retracement trend to complete corrective wave b either in yellow or magenta. Good luck.

Gbp vs Jpy 1H

At this moment price still inside the teal triangle. Therefore, please watch closely both upper and lower trendlines for any breakout or bounce/pullback scenario. Preferably, I'm looking forward for an opportunity towards a bullish continuation trend later once either subwave 2 (magenta) or corrective wave b (yellow or white) is completed. Good luck.

Gbp vs Jpy 1H

At this moment, I believed market in progress either to perform wave 2 in magenta or subwave v in b (yellow or white) before expecting a bullish continuation trend to complete corrective wave c. Please look for any breakout towards the teal triangle to determine which alt counts is more favourable later, Advisable to look for any possible bullish continuation trend from BSTS later within this week. Good luck.

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

Chart 1H - Preferably, I believed market have to perform a bearish retracement trend either to perform subwave 2 in magenta or subwave v in b either in yellow or white before expecting for another bullish continuation trend to complete corrective wave c. Therefore, please analyse all critical lines and breakout to determine which alt counts is more favourable later.


Chart 4H - I believed market just performed a "throw-over pattern (bearish trap) and looking forward for a bullish continuation trend once corrective wave b is completed (magenta, yellow or white). Please wait for any breakout either towards the upper or lower trendlines to determine which alt counts that is more preferable.


Chart Daily - I believed market in progress to perform a bullish reversal trend to complete corrective a, b and c either in magenta, yellow or white. A valid diagonal triangle pattern and a further breakout to the bullish continuation critical lines would bolster this scenario. But please be careful for any bearish retracement trend to complete corrective wave b either in yellow or white.

Chart Weekly - Favourably, I'm looking forward for any bullish retracement trend to complete wave iv in yellow. But please be careful for any bearish continuation trend to perform an extension of wave iii either in white or magenta. Advisable to look for any bullish continuation entry signal from BSTS later.

Summary :

1) Preferably, I believed market already in bullish reversal trend (Daily) or bullish retracement trend (yellow - Weekly) once corrective wave b is completed. Therefore, please be noted that corrective wave b could either already completed (magenta) or still in progress (yellow or white).

2) But please be extra careful for any bearish continuation trend to perform an extension wave iii either in white or magenta in weekly.

3) Advisable to look for any bullish entry signal from BSTS later next week.

Good luck.

Gbp vs Jpy 1H

At this moment, basically I can divided market in 2 possible scenario :

1) Magenta Count - Corrective wave b is already completed and market in progress to perform corrective wave c in 5 bullish wave structures. . A valid an inverted head and shoulder and a further breakout to the upper green trendline would bolster this scenario.

2) Yellow Count - Market in progress to perform wave iv before expecting for another bearish continuation to complete wave v in b either a truncated or an impulsive wave (white). A pullback from the upper green trendline and a breakout to the bearish continuation critical line 1 would bolster this scenario.

Therefore, please confirm either scenario from BSTS and any breakout later. Happy weekends and good luck.

Gbp vs Jpy 1H Update #1

Due to the breakout to the lower yellow triangle trendline, therefore I did a recount towards the alt count in magenta and yellow. Preferably, I believed market in progress to complete corrective wave b either in yellow or white. At this moment, I'm looking forward for a bullish retracement trend to perform subwave iv in yellow before expecting for another bearish continuation to complete subwave v in b (yellow). But please be careful for another bearish continuation trend to perform an extension subwave iii referring to the alt count in white. Good luck.

Gbp vs Jpy 1H

At this moment, I'm waiting for a breakout towards the yellow triangle trendlines to determine which alt counts is more preferable. Favourably, I'm looking forward for a bullish retracement to perform subwave iv referring to the alt count in yellow. But, please be careful for any bearish continuation trend to complete subwave iii extension in white. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, please study the latest possible alt counts. Preferably, I believed market in progress to complete corrective wave b either in magenta, yellow or white before expecting for any bullish continuation trend. Therefore, advisable to look for any bullish continuation trend later once corrective wave b is completed. Please look for any sign of wave b completion from BSTS later. Good luck.

Gbp vs Jpy 1H

Please be noted that both alt counts in white and yellow is already invalid. Preferably, I believed market in bearish retracement trend to complete the corrective wave b in magenta. But, please be careful since b (magenta) have few possibilities which is either at fibo 61.8%, double bottom or triple bottom. Therefore, please confirm from BSTS later for any bullish continuation trend to perform corrective wave c once wave b is completed (magenta). Good luck.

Gbp vs Jpy 1H Update #1

Due to the latest market situation, please be noted that I believed market can be either in progress to perform corrective wave c in b (magenta) or in progress to perform the horizontal triangle abcde in wave 4 (white). Please confirm either trend from any breakout and from BSTS later. Good luck.

Gbp vs Jpy 1H

Favourably, I believed market in bearish retracement trend either to complete the corrective subwave c in b (magenta) or wave 4 in white. A further breakout to the yellow critical line would bolster this scenario. But, please be careful for any bullish continuation trend referring to the alt count in yellow. Good luck.

Gbp vs Jpy 1H Update #1

Preferably, I'm looking forward for any possibility towards a bearish retracement trend either to complete subwave c in b (magenta) or wave 4 (white). As long the magenta remain intact, this scenario would be valid. Otherwise, please be careful for any bullish continuation trend to complete an extension of wav 3 in yellow. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for bearish retracement trend either to complete corrective wave b in magenta or wave 4 in white. Otherwise, please be careful for any wave 3 extension according to the alt count in yellow. Good luck.

Gbp vs Jpy 1H

At this moment, I believed market in progress to complete subwave 4 or iv (white, yellow or magenta) before expecting for another bullish continuation to complete subwave 5 in corrective wave c. Also please be noted that subwave 5 could be just only a truncated wave (magenta) or an impulsive wave (white or yellow). Please analyse the latest critical lines and all alt counts. Favourably, I'm looking forward for a bullish continuation trend referring towards either the alt count in white or yellow. Also to inform that there will be a NFP news announcement today at 9.30 pm (GMT +8). Good luck and happy weekends.

Gbp vs Jpy 1H Update #1

Please be noted that due to the breakout, I need to do some recount towards the yellow alt count. A further breakout towards the green upper trendline would bolster to the alt count in white. Otherwise a valid an expanded flat corrective wave 4 and a diagonal triangle reversal pattern would favour towards the alt count in yellow. Please confirm either trend from BSTS later. Good luck.

Gbp vs Jpy 1H

At this moment, market just performed a pullback scenario from the yellow critical line. Therefore, advisable to wait for 2nd breakout later to determine which alt counts that is more favourable. Preferably, I'm still looking for any opportunity towards the bearish retracement trend later to complete corrective wave b in yellow. But, otherwise a breakout to the yellow critical line later would bolster the bullish continuation trend referring to the alt count in white. Also, please be noted that there will be a NFP news announcement this Friday.

Gbp vs Jpy 1H Update #2

Please be noted that due to the breakout to the upper green trendline, favourably market is already in bullish continuation trend referring to the alt count in white. A further true breakout to the yellow critical line would bolster this scenario. But please be careful for any double top scenario. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, I'm waiting for any breakout of the teal triangle to confirm market either in progress to complete subwave 3 in c (white) or market in progress to complete corrective wave b in yellow. Preferably, I believed market will perform a bearish retracement trend later referring towards the alt count in yellow. Good luck.

Gbp vs Jpy 1H

At this moment, I believed there will be a bearish retracement trend either to perform the corrective wave b in yellow or wave 2 in white before expecting for another bullish continuation trend to complete the corrective wave c. Please monitor both yellow and white critical lines for any breakout. Please confirm for either alt counts from BSTS later. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, I'm looking forward for a bearish retracement trend to perform corrective wave b in yellow before expecting for another bullish continuation trend to perform corrective wave c. Otherwise we may see a strong breakout toward the upper green trendline to perform the corrective wave c in white. Good luck.

Gbp vs Jpy 1H

Preferably, I'm looking forward for any opportunity market to perform a bullish continuation trend to perform corrective wave c once wave b is completed (white or yellow). Please be noted that market is possible to perform another bearish retracement trend in 3 waves structure to complete wave b in yellow. A breakout to the white critical line would bolster this scenario. Otherwise a further breakout to the yellow critical line would bolster the alt count in white. Good luck.

Gbp vs Jpy 1H Update #1

I believed market in progress to complete the corrective wave b either in white or yellow (triple bottom) before expecting a bullish continuation trend to perform corrective wave c in 5 wave structures. Therefore, please analyse all critical lines and look for any breakout to confirm. Good luck.

Gbp vs Jpy 1H

Due to the further upside trend, therefore I believed market still in progress to complete corrective wave a either in white or yellow before expecting for a bearish retracement to perform corrective wave b within this week. Therefore please confirm the completion of corrective wave a (white or yellow) from BSTS and advisable to look for any bearish retracement entry signal from BSTS later to perform correctie wave b. Good luck.