GBP/JPY Technical Analysis

At the moment, I’m looking forward for a potential of bullish reversal trend scenario refering to the alt count in white. A breakout to the upper green trendline and R3 critical line would bolster to this scenario. Otherwise, I believe we may see another bearish continuation trend scenario either to complete corrective wave b in aqua or wave 5 in yellow. Happy weekend and good luck.

At the moment, market have a good potential to perform a bullish reversal trend scenario either refering to the alt counts in white or aqua. A further breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, I believe market may perform another “pullback” scenario to complete corrective wave b in yellow. Happy Ramadan and good luck.

At the moment, due to the yesterday strong pullback, there previous alt counts in aqua and white is already invalid. Preferably, I’m looking forward for a potential of bullish reversal trend scenario opportunity either refering to the alt counts in yellow or aqua. Otherwise, I believe we may see an extension of corrective wave a in white. Good luck.

At the moment, I believe market in progress to perform either subwave 3 in aqua or yellow. Please be noted that market have a potential to perform a retracement trend to complete subwave 4 in aqua before another bullish continuation trend scenario. Otherwise, please be careful for any breakout toward aqua/yellow critical line. Good luck.

Preferably, I believe market in bearish retracement trend scenario to complete subwave 4. Therefore, I’m expecting market to perform another bullish continuation trend scenario either to complete a truncated of subwave 5 (yellow or aqua) or an impulsive subwave 5 (white). A strong bounce from FR 61.8% critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the bearish continuation critical line 1 and 2. Happy fasting weekend and good luck.

At this moment, I’m looking forward for another bullish continuation trend scenario either to complete subwave 5 in yellow, aqua or white. A breakout toward the bullish continuation critical line 1 would bolster to this scenario. Otherwise, I believe we may see a truncated scenario of subwave 5 in magenta to perform subcorrective a,b and c. Good luck.

At the moment, I believe market already completed a truncated scenario of subwave 5. Preferably, I’m looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow, aqua or white (double bottom/bearish trap). Good luck.

At the moment, I’m looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in aqua (Inverse HnS), white (double bottom) or yellow (Bear Trap). Otherwise, please be careful for any strong breakout toward the bearish continuation critial line 3. Good luck.

At the moment, I believe the bearish trend is already exausted therefore I’m looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in white or yellow. Otherwise, please be careful for a potential of another trap pattern in aqua (diagonal triangle). Good luck.

Preferably, I’m expecting market to perform a bearish retracement trend scenario to complete corrective wave b either in yellow or aqua. A breakout to the pivot critical line and lower red trendline would bolster to this scenario. Otherwise, I believe we may see a “bull trap” pattern in white. Good luck.

Preferably, I’m looking forward for a potential of bullish reversal trend scenario either refering to the alt counts in yellow (double bottom) or aqua (bear trap). A valid diagonal triangle pattern would favour to the alt count in yellow scenario. Happy Hari Raya Aidilfitri & Maaf Zahir Batin. Good luck.

At the moment, a strong bounce scenario would bolster toward the alt count in yellow. Otherwise, I believe we may see a potential of “Bearish Trap” pattern in aqua before expecting toward any bullish reversal trend scenario. Good luck.

At the moment, a breakout toward the upper green trendline is still yet remain to be seen to determine that market in favour to perform a bullish reversal trend scenario. Otherwise, we may see another larger pattern of diagonal triangle to complete a “bearish trap” scenario in aqua. Happy weekend and good luck.

[B]Gbp vs Jpy (1H)[/B] - At the moment, a strong bounce scenario would bolster towards a potential of bullish reversal trend scenario either refering to the alt counts in yellow or aqua. Otherwise, please be careful for another bearish continuation trend scenario either refering to the alt counts in white or magenta.

[B]Gbp vs Usd (Daily)[/B] - Preferably, I believe market may in progress to perform a bearish reversal reversal trend scenario either refering to the alt counts in aqua or yellow. A further breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful if market bounce back from the white critical line. Good luck.

[B]Gbp vs Jpy (1H)[/B] - At the moment, I’m looking forward for a potential of bullish reversal scenario refering to the alt count in yellow. A bounce from the support critical line would bolster to this scenario. Otherwise, we may see another bearish continuation trend scenario(trap).

[B]Gbp vs Jpy (4H)[/B] - Preferably, I’m looking forward for an opportunity of bullish reversal trend scenario in yellow. A breakout toward the upper yellow trendline would bolster to this scenario. Otherwise, we may see market perform another bearish continuation trend scenario in magenta. Good luck.

Favourably, I believe the bearish trend is already exausted. Therefore, I’m looking forward for a potential of either a bullish reversal trend in yellow or a bullish retracement trend in magenta. Otherwise, please be careful since market also have potential to re-test the previous support 118.79. Good luck.

At the moment, market just pullback from the R3 critical line. A breakout toward the bearish continuation critical line 1 would favour to the 118.xx scenario (magenta). Otherwise, I’m looking forward for a good opportunity toward a bullish reversal trend scenario either in aqua or yellow. Happy Malaysia Day and good luck.

[B]Gbp vs Jpy (1H)[/B] - At the moment, I believe market will perform another bearish continuation trend scenario either to complete subcorrective wave b in yellow or the incomplete of subwave 5 in magenta before any potential towards a bullish reversal trend senario. A valid “sub-rising wedge” pattern in magenta would bolster to this scenario.

Gb[B]p vs Jpy (4H)[/B] - Favourably, I believe market just in progress to complete a “Bear Trap” scenario which is a typical pattern in diagonal triangle reversal indentification. Either we shall see market to further down until 118.xx before a possible reversal or reversal soon is still yet remain to be seen. Good luck.

[B]Gbp vs Jpy (1H)[/B] - At the moment, favourably I believe market will perform another bearish continuation trend scenario either refering to the alt counts in aqua or magenta. A pullback from the pivot critical line or FR 38.2% would bolster to this scenario. Otherwise, we may see a potential bullish reversal trend scenario in yellow.

[B]Gbp vs Jpy (Weekly)[/B] - At the moment, I believe market in progress to complete major wave 5. A potential of “Bear Trap” or bullish reversal trend scenario in yellow is still remain to be seen. Happy weekend and good luck.

Preferably, I believe market in progress to complete either subwave 4 in magenta/aqua or subcorrective wave a in yellow before expecting for another bearish continuation trend scenario either to perform subwave 5 or subcorrective wave b. A pullback either from the FR 50% or upper green trendline would bolster to this scenario. Good luck.