At the moment, market have to break the upper magenta trendline and R3 critical line to bolster toward the bullish continuation trend scenario to complete subwave iii in yellow. Otherwise, please be extra careful toward a “rising wedge” pattern that would favour for either a bearish retracement trend scenario (aqua or white) or a bearish continuation trend scenario (magenta). Good luck.
[B]Gbp vs Jpy (1H)[/B] - At the moment, I’m looking forward for a potential of bullish continuation trend scenario refering to the alt count in aqua. Otherwise, a breakout toward the major lower red trendline would favour toward the alt count in magenta scenario.
[B]Gbp vs Usd (Daily)[/B] - Preferably, I believe market in progress to complete corrective wave b either refering to the alt counts in aqua (Head and Shoulder) or in yellow (Double Top) before expecting toward a bearish reversal trend scenario to perform corrective wave c. A potential pullback scenario either from Fibo 50%@61.8% or aqua/yellow critical line is still yet remain to be seen. Happy weekend and good luck.
[B]Gbp vs Jpy (1H)[/B] - At the moment, market have more potential to perform a bearish trend due to the formation of “rising wedge” pattern in magenta. A breakout to the lower magenta trendline would bolster to this scenario. Otherwise, we may see a bullish continuation trend scenario to perform subwave iii either in yellow or aqua.
[B]Gbp vs Usd (Daily)[/B] - Preferably, I believe market have a good potential to perform a bearish reversal trend scenario to perform corrective wave c in aqua. A valid “Head and Shoulder” bearish reversal pattern in aqua would bolster to this scenario. Otherwise, please be careful for another bullish rally either to complete a double top of corrective wave b in yellow or the incomplete fo wave 5 in white. Good luck.
At the moment, market just bounce from the pivot critical line. A strong breakout toward magenta critical line would indicate that market may in progress to perfomr subwave iii either in yellow or aqua. Otherwise, market also have a potential to perform a “pullback” scenario from the upper magenta trendline to perform either corrective wave b in white or wave 5 in magenta. Good luck.
At the moment, I’m looking forward for a potential of bearish retracement trend scenario either to perform corrective wave b in yellow or white. A breakout to the lower yellow trendline would bolster to this scenario. Otherwise, please be careful for another bullish rally and any breakout to the R3 critical line. Good luck.
At the moment, I believe market shall perform another bearish continuation trend scenario to complete subwave 5 either refering to the alt counts in yellow (truncated), white or aqua before expecting toward any potential of major bullish reversal trend scenario. Otherwise, this scenario would invalid if market further break the magenta critical line. Good luck.
At the moment, I’m looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or white. A breakout to the pivot and bullish continuation critical line 2 would bolster to this scenario. Otherwise, market may perform a “Bear Trap” pattern in aqua before any opportunity toward a bullish reversal trend scenario. Also, please be careful toward NFP announcement tonight at 8.30pm (GMT +8). Happy weekend and good luck.
At the moment, I believe market in progress to perform a bullish reversal trend scenario either refering to the alt counts in yellow or white. A breakout to the yellow upper trendline and a valid “Inverted Head and Shoulder” pattern would bolster to yellow alt scenario. Otherwise, please be careful for any breakout toward the pivot and S3 critical line. Good luck.
At the moment, I’m looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow or white. A breakout to the upper yellow trendline and pivot critical line would bolster to this scenario. Otherwise, I believe we may see another “bearish trap” scenario. Good luck.
Preferably, I’m looking forward for a potential of bullish reversal trend scenario refering to the alt count in yellow. A breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful for any bearish trend which I believe could be a “bear trap” in progress. Good luck.
At the moment, a potential of bullish reversal trend scenario is still yet remain to be seen. A breakout toward the aqua upper trendline is needed to determine that scenario is in favour. Otherwise, I believe we may see another bearish continuation trend scenario either to perform a “bear trap” pattern in aqua or further down to complete major wave v in magenta. Good luck.
[B]Gbp vs Jpy (1H)[/B] - At the moment, I’m looking forward for a formation of “bear trap” pattern to be completed and an opportunity toward a bullish reversal trend scenario either refering to the alt counts in yellow or aqua. Otherwise, a breakout to the aqua critical line would determine that market may already in bullish reversal scenario to perform major corrective wave c in white.
[B]Gbp vs Jpy (Daily)[/B] - Preferably, I believe market in progress to complete major wave 2 either refering to the alt counts in yellow or white. Therefore, I’m looking forward for a potential of bullish continuation trend scenario to perform major wave 3. A bounce from FR 61.8% would bolster to this scenario. Good luck.
Preferably, I believe market in progress to perform subcorrective wave b either refering to the alt counts in yellow or white, before expecting toward a potential of bullish reversal trend scenario. Otherwise, we may see an extension of subcorrective wave a in aqua. Good luck.
At the moment, I’m looking forward for a potential of bearish retracement trend scenario either to perform corrective wave b in yellow or white. A breakout to the lower red trendline would bolster to this scenario. Otherwise, market may perform a bullish continuation trend scenario in aqua. Good luck.
At the moment, I’m looking forward for a potential of bullish reversal trend scenario refering to the alt count in yellow. A bounce from the FR 61.8% would bolster to this scenario. Otherwise, we may see another bearish continuation trend scenario perhap to perform the incomplete or corrective wave b in white. Good luck.
At the moment, I believe market have good potential to perform a bullish reversal trend scenario either refering to the alt counts in yellow or white. Otherwise, we may see a “bearish trap” pattern in magenta. Advisable to look for a bullish reversal trend entry signal from BSTS 3 later. Happy weekend and good luck.
Preferably, I believe market just performed a “bearish trap” pattern and therefore I’m looking forward for a potential of either a bullish reversal trend opportunity in yellow/white or a bullish retracement trend scenario in aqua. Otherwise, please be careful for any bearish continuation trend scenario. Good luck.
At the moment, I believe market in progress to perform a bullish reversal trend scenario either refering to the alt counts in yellow or white (Inverse HnS). A breakout to the upper green trendline would bolster to this scenario. Otherwise, please be careful for another bearish contnuation trend scenario perhap to perform the incomplete of subwave v in aqua. Good luck.
At the moment, I’m looking forward for further bullish continuation trend scenario either refering to the alt counts in white or yellow. A breakout to the R3 and upper green trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the pivot critical line.
At the moment, market just falls back from the upper green trendline. Therefore, I’m looking forward for a potential of either a “double bottom” scenario (yellow or white) or a “bear trap” pattern (aqua). Otherwise, please be careful for another strong bearish continuation trend scenario to perform major wave v in magenta.