GBPJPY correction and more down

We are expecting a move down in GBPJPY to complete correction and then we'll see how the structure unfolds.For now expect a move down next week before any buys. Sell will give us better risk to reward when it's ready. If you are in move your stops and if you are not in wait for small correction and sell again.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

Trade with care
We Trade Waves