GBP/JPY Technical Analysis

[B]Gbp vs Jpy (1H)[/B] - Favourably, I’m looking toward an opportunity of bearish reversal trend scenario either to perform corrective wave c in yellow or white. A breakout toward the bearish continuation critical line 1 and 2 would bolster to this scenario. Please be careful for another bullish rally to complete wave 5 in aqua.

[B]Eur vs Jpy (1H)[/B] - At the moment, a breakout to the lower red trendline would bolster to the bearish reversal trend scenario either in yellow or white. Otherwise, we may see another bullish continuation trend to complete wave 5 in aqua. Good luck.

At the moment, please be extra careful since market have potentail to perform another bullish continuation trend scenario refering to the alt count in aqua or a bull trap pattern in yellow. Otherwise, we may see a pullback from FR 61.8 to perform subwave iii refering to the alt count in white. Good luck.

At the moment, more likely market have potential to perform another bullish continuation trend scenario either to complete a bull trap in yellow or subwave iii in aqua. Otherwise, we may see a bearish reversal trend scenario in white. Good luck.

Favourably, I’m looking for another bullish contiuation trend scenario before an opportunity toward a potential of bearish reversal trend scenario either refering to the alt counts in yellow or aqua. This scenario would be invalid if market further break the yellow/aqua critical line which market may already in bearish reversal trend to perform corrective wave C in white. Good luck.

[B]Gbp vs Jpy (1H)[/B] - Preferably, I’m looking for a “bull trap” pattern in yellow before expecting toward a potential of bearish reversal trend scenario. Otherwise,we may see market further down to complete subwave iii in white.

[B]Eur vs Jpy (1H)[/B] -Favourably, I believe market in progress to complete subwave v/5 in yellow before expecting toward a potential of bearish reversal trend scenario. A breakout to the bullish continuation critical line 1 would bolster to this scenario. Otherwise, market may already in a bearish reversal trend scenario to complete corrective wave a in white. Good luck.

[B]Gbp vs Jpy (1H)[/B] - Preferably, I believe market will perform a bearish reversal trend scenario either refering to the alt counts in yellow or white. A valid diagonal triangle pattern would bolster to this scenario. Otherwise, we may see a potential of triple top scenario in aqua (refer daily naked chart) before consideration for a reversal.

[B]Eur vs Jpy (1H)[/B] - At the moment, I believe market have a good potential to perform a bearish reversal trend scenario either refering to the alt counts in yellow or white. A valid diagonal triangle pattern and follow by a breakout toward the aqua critical line would bolster to this scenario. Otherwise, please be careful for another bull rally in aqua. Good luck.

[B]Gbp bs Jpy (1H)[/B] - At the moment, I believe market in progress to perform a bearish reversal trend scenario either to complete corrective wave a in white or yellow. A breakout to the lower red trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the white/yellow critical line.

[B]Eur vs Jpy (1H)[/B] - At the moment, I believe market in progress to perform a bearish reversal trend scenario either to complete corrective wave a in white or yellow. Otherwise, please be careful if market bounce again from the bearish continuation critical line 1. Good luck.


I agree with JebatFX. This is our last trade.

Wish you all the best!
Nikola Broceta

[B]Gbp vs Jpy (1)[/B] - At the moment, market just bounced from support. A breakout toward the aqua critical line would bolster to the bearish reversal trend scenario in yellow. Otherwise, we may see a potential of triple top scenario in white (b) or another bullish rally in magenta.

[B]Eur vs Jpy (1H)[/B] - Preferably, I believed wave 5 is already completed and market in progress to perform a bearish reversal trend scenario. At the moment, I am looking forward market to perform a corrective wave b either in white or aqua before expecting toward another bearish continuation trend scenario. Otherwise, market may further go down to complete corrective wave a in yellow. Good luck.

[B]Gbp vs Jpy (1H)[/B] - At the moment, I am looking toward a potential of “bull trap” pattern to complete corrective wave b either refering to the alt counts in yellow or white before expecting a bearish reversal trend scenario to perform corrective wave c. Otherwise, I believe we may see another bullish rally to complete wave 5 in aqua.

[B]Eur vs Jpy (1H)[/B] - Favourably, I am looking toward a potential of a bearish continuation trend scenario to perform corrective wave c.either refering to the alt counts in yellow or white. A pullback from FR 61.8% would bolster to this scenario. Otherwise, I believe we may see a double top scenario in aqua. Good luck.

[B]Gbp/Jpy and Eur/Jpy (1H)[/B] - At the moment, please be noted that the previous alt counts in yellow and white are already invalid (recount). I believed market in progress to complete wave 5 but its still yet remain to be seen which alt counts that is more in favour. Good luck.

[B]Gbp vs Jpy (1H)[/B] - At the moment, I believe market have a potential to perform another bullish continuation trend scenario either in yellow or aqua before any opportunity toward a bearish reversal trend scenario.Otherwise, we may see a further bearish reversal trend in white.

Eu[B]r vs Jpy (1H)[/B] - At the moment, I believe market will go futher up either in yellow or aqua before start to reverse. Otherwise, market will go down to perform corrective wave c/A in white. Good luck.

Favourably, I am looking toward a potential of a bearish reversal trend scenario in white. A false breakout from the bullish continuation critical line 1 would bolster to this scenario. Or market in favour refering to the alt counts in yellow if market break the lower red trendline and the bearish continuation critical line 1. Otherwise, we may see another bull rally in aqua. Good luck.

At the moment, I believe market in progress to complete wave 5. A potential toward a bearish reversal trend scenario either refering to the alt counts in white or yellow still remain to be seen later. Good luck.

down to where? down to 119?

Hi there,

For a long term, I am expecting toward a major bullish reversal trend. So at the moment, I am looking for a good bearish retracement before another bullish rally. Personally, if this scenario is correct then I dont think market wll go back to 119. But my perspective can always be wrong. Good luck and Happy New Year.


At the moment, I am looking forward for a potential of “bull trap” pattern refering to the alt count in yellow. Another an exausted of bullish rally and follow by a pullback/breakout toward the lower yellow trendline would bolster to this scenario. Happy Christmas Holidays and good luck.

At the moment, a valid falling wedge pattern in aqua would bolster to either alt counts in white or aqua. Otherwise, a breakout toward the bearish continuation critical line 1 would indicate that market may already in a bearish reversal trend in yellow. Merry Christmas and Happy New Year.

[B]Gbp vs Jpy (1H)[/B] - At the moment, I believe market will perform another bullish continuation trend scenario either refering to the alt counts in yellow or aqua. Otherwise we may see another bearish continuation trend in white.

[B]Gbp vs Jpy (Daily)[/B] - Preferably, I believe market in progress to complete a major wave 3. Therefore, I am looking forward to the potential of bearish retracement trend scenario to perform major wave 4 either in yellow or white. Otherwise, we may see an extension of major wave 3 in aqua. Good lucks.

At the moment, I am looking toward a potential of bullish continuation trend scenario to complete subcorrective wave a,b and c either refering to the alt count in yellow (HNS) or white (double top). Otherwise, we may see another bullish rally in aqua. Good luck.

I’m thinking the same. While I closed out most of my yen pairs this week, I left some in and it looks like I might start repositioning myself back into more yen pairs.