WeTradeWAVES
Short

GBPJPY correction and more down

FX:GBPJPY   British Pound / Japanese Yen
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.

If you're a trader who wants to use TradingView to learn more about "Forex Trading & Wave Analysis", make sure to follow us, like and comment.

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

Comments

so you think it is going to go down all the wat to 137.900 it least before we see a buy?
Reply
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