GBPJPY further downside next week

We are expecting a further move down in GBPJPY next week after small correction. If you are in the sell, move stops and if you are not wait for the small correction before you jump in. After further downside we will see how structure behaves and then we'll update you.

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

Comment:

Keep moving your stops in profits and ride the wave