Gbp vs Jpy 4H Quick Update

Are we going to see the market will continue going up until the upper trendline before any possible downturn to the south ? Anyway my strategy is still looking for any possible short entry. Good luck

Gbp vs Jpy 1H, Daily & Weekly

Chart 1H - At this moment, I still believed market just performed a typical "throw-over" pattern in diagonal triangle scenario. Therefore, favourably I'm looking forward for a bearish reversal trend scenario later but please be noted that market perhaps may perform a head and shoulder pattern 1st. Otherwise, please be careful for any bullish continuation trend and a breakout towards the white/yellow critical line.


Chart Daily - Please be noted that I believed market just performed a bullish retracement trend either to complete subwave a (white or yellow) or corrective wave 4 (magenta). Favourably, I'm looking forward for a bearish continuation trend once subwave a is completed (yellow) but please be noted that there is a possibility that subwave a is still not complete yet refering to the alt count in white. Therefore, advisable to look for any bearish continuation trend entry signal from BSTS laters once either waves is completed.


Chart Weekly - Preferably, I believed market in progress to perform just a subwave a (white or yellow) before expecting another bearish continuation trend to complete subwave b and later a bullish retracement trend to complete subwave c in 4. but, please be noted that market also have a possiblity to complete subwave 4 in magenta before expecting for another bearish continuation trend scenario. Therefore, advisable to look for any possible bearish entry signal from BSTS later.

Good luck and happy weekends.

Gbp vs Jpy 1H

At this moment, the lower yellow trendline still remain intact. Preferably, I'm looking forward for a breakout towards the downside to bolster the bearish reversal trend scenario. But please be careful if the "throw-over" scenario is still unfinish. Good luck.

Gbp vs Jpy 1H Update #1

Preferably, I believed market will perform a bearish reversal trend either to complete major corrective wave b (white or yellow) or corrective wave E in gray. A valid "throw-over" pattern and a diagonal triangle reversal pattern would bolster towards this scenario. Otherwise, please be careful for any bullish continuation trend scenario.

Gbp vs Jpy 1H

At this moment, I believed market just performed a "Throw-Over" pattern which is a bullish trap scenario. Therefore, preferably I'm looking forward for a bearish reversal trend later refering either toward the alt count in white or yellow. But, please be careful for any strong bullish continuation trend refering to the alt count in magenta. Advisable to look for any bearish reversal entry signal from BSTS later. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a bearish reversal trend refering toward the alt counts either in white, yellow or at least gray. A breakout to the lower yellow trendline and a valid triple top and diagonal triangle (rising wedge) bearish reversal pattern would bolster to this scenario. Otherwise, please be careful for any breakout towards the white/yellow critical line. Good luck.

Gbp vs Jpy 1H

At this moment, I'm looking forward for a valid diagonal triangle and triple top reversal pattern to bolster towards either the alt counts in white or yellow. Otherwise, please be careful for any bullish continuation trend refering to either the latest gray alt count or magenta. Good luck.

Gbp vs Jpy 1H Update #1

At this moment, the alt count in white is already invalid. Therefore, either market will perform a truncated wave 5 in yellow or an impulsive wave 5 in magenta. Favourably, I'm looking for any possibility towards the bearish reversal trend scenario once wave 5 (yellow or magenta) is completed. Good luck.