GBP/JPY Technical Analysis

Good luck in your trade.

At the moment, I am looking toward a potential of bullish retracement trend scenario to perform a subwave ii before another bearish continuation trend scenario to complete major wave 4 refering to the alt count in yellow. Please monitor closely aqua and yellow critical line for further confirmation. Good luck.

At the moment, I am looking toward a potential of bearish retracement trend scenario to perform major wave 4 in white. A breakout to the lower red trendline and bearish continuation critical line 1 would bolster to this scenario. Otherwise, I believe market may in progress to complete major wave 5 in yellow. Good luck.

Preferably, I am looking for an opportunity of bearish continuation trend scenario to perform subwave iii, iv and v refering to the alt count in white. A breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful since market also have potential to perform another bullish rally to complete a bull trap of wave v/5 in yellow. Good luck.

At the moment, please be noted that yesterday alt count in white was already invalid. Favourably I am still looking toward for a potential of major bearish retracement trend scenario refering to the latest alt om white. Otherwise, I believe market will perform another bull trap pattern in yellow before start to bearish. Good luck.

At the moment, the continued bullish rally indicate that market still in progress to consolidate which I believe to complete an exhausted of wave v/5 either referring to the alt counts in white or yellow. A valid diagonal triangle pattern later would bolster to this scenario. Good luck and happy weekend.

Preferably, I am looking forward for a major bearish retracement trend scenario in white. A breakout toward the lower yellow trendline and bearish continuation critical line 1 & 2 would bolster to this scenario. Otherwise, please be extra careful since market may bounce back and go further up. Good luck.

At the moment, market have a good potential to complete a bearish reversal “Head and Shoulder” pattern refering to the alt count in yellow. Otherwise, we may see another bullish rally either to complete a “double top” pattern in white or major wave 5 in aqua. Good luck.

Range for binary options until 4.03.2014(jpy/usd overstep 100.8 101.7).Improves performance on forex

On the very large time frame, we see a very nice rising channel in GBPJPY.

I would like to enter long in anticipation of price touching point 3. Where would be a good place to enter long? Harmonics might hold the key.

LONG GBPJPY 165.90-166.00
SL 50pips
TP 170.00

GBP/JPY looks keen to retest a well defined down trendline on the daily chart


Notice sells occur during or near London/NY open.

Looking forward for another bearish continuation trend scenario either to complete wave 4 in yellow or wave 5 in cyan. Good luck.

Merasakan pasaran akan terus jatuh samada untuk lengkapkan wave 4 (kuning) ataupun wave 5 (cyan). Hati hati.


Favourably, I am looking forward market to going up to compete wave 5 in yellow. Otherwise, we may see another bearish continuation trend scenario to complete wave 5/C in cyan. Good luck.

Saya mengharapkan pasaran akan naik semula untuk melengkapkan wave 5 kuning. Sebaliknya jika ini tidak berlaku, maka pasaran akan terus jatuh untuk melengkapkan wave 5/C dalam cyan. Hati hati.


Preferably, I am looking forward for a bullish continuation trend scenario refering to the alt counts either in yellow or cyan. A breakout to the upper yellow trendline would bolster to this scenario. Otherwise, please be careful toward another bearish continuation trend scenario in white. Good luck.

Saya meramalkan market akan naik semula samada merujuk kepada kiraan wave kuning ataupun cyan. Keadaan pasaran naik yang seterusnya memotong garisan trend atas yg berwarna kuning akan menyokong lagi ramalan ini. Sebaliknya pasaran boleh membuat jatuhan yang kuat merujuk kepada kiraan putih. Hati hati.


At the moment, I am looking forward for another bullish continuation trend scenario refering to the alt count in yellow. A valid interted HnS pattern would bolster to this scenario. Otherwise, please be careful toward a potential of another strong bearish continuation trend scenario in white. Good luck.

Pada masa ini, saya mengharapkan pasaran akan naik semula merujuk kepada kiraan kuning. Pengesahan struktur “Inverted HnS” akan menyokong fenomena ini. Sebaliknya sila hati hati akan sebarang keberangkalian pasaran membuat jatuhan kuat merujuk kepada kiraan wave putih.


Gbp vs Jpy (Daily) - Favourably, a valid ascending triangle in yellow would bolster toward a bullish continuation trend scenario to perform another motive subwave iii, iv and v in yellow. Otheriwse, we may see a valid bull trap pattern to complete a reversal trend scenario to complete corrective a, b and c either refering to the alt count in white or aqua.


At the moment, I am looking forward for a potential of market reversal refering to the alt count in aqua. Otherwise, I believed we may see another weakening bearish continuation trend scenario in white before expecting a reversal. Good luck.



Gbp vs Jpy (Daily) - At the moment, I believed market in progress to perform a reversal trend scenario to complete corrective wave a. A strong bounce would indicate that market in progress to perform corrective wave b either in yellow or aqua. Otherwise, I believed we may see another strong bearish continuation trend scenario to complete corrective wave a in white.


Gbp vs Jpy (1H) - Favourably, I am looking toward a potential of a “double bottom” scenario to bolster towards completion of corrective wave A in yellow. A “bear trap” or strong bounce would support this scenario. Otherwise, I believed we may see another bearish continuation trend scenario to complete corrective wave A in white. Good luck.


At the moment, I am expecting towards a bullish retracement trend scenario either to perform subwave 4 in white or correcrive wave B in yellow @ aqua. This scenario is valid as long the aqua/yellow critical line remain intact. Please be careful toward any potential of a bear trap. Good luck.


Preferably, I believed market in progress either to complete subcorrective wave 4 in white or corrective wave B in yellow before expecting toward another bearish continuation trend scenario. Otherwise, we may see another bullish rally to complete a double top of corrective wave B in aqua. Good luck.