Hey Traders, this is GBPJPY Analysis for all of you, we are expecting market to go down for the last down wave of the structure so we will wait for our sell setups for this pair
DO NOT JUMP IN - Jumping in without using stop loss or risking big or following anyone blindly leads to big losses, never do that. Always wait for your setups and use proper risk management!
If you want us to post more charts, setups and explain more about the next move, 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 market based on our wave analysis concept so this is a directional bias and not signals...
DO NOT FORGET "We Trade Waves" 4 GOLDEN RULES:
1) Do not over-risk 2) Do not over-trade 3) Do not trade without stop loss 4) Never ever add to losing position
DISCLAIMER: We Trade Waves is not a signal service. Instead, it involves sharing our perspective and detailed analysis based on our unique wave analysis concept. We cannot be held responsible for any financial gain or loss that may result from following our analysis.
@plant565 just wait for new highs if you are biased down
WeTradeWAVES
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@plant565, Thank you! We will try to do an update for Gold but for now no action to be taken, if you are in the buy move your stop and let market unfold and if you are not in leave for now. We might looks for sell setups above the tops.
We Trade Waves Team
VilakaziCM
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Alain thank you for these updates they make our lives every day. Stop procrastinating whoever is battling with structures, come try WTW.
WeTradeWAVES
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@VilakaziCM, Thank you. This is the goal to help you as much as we can and those who wanna learn from us, they can join WTW Membership to get everything. We Trade Waves Team