USDJPY!!! Take profits and wait until the buys are ready

We hope you took this trade with us if you have, we recommend you to take profits. It has tendency to go down more next week but let it go and wait for this to finish the down move and then enter in the buys, the next big wave is to the upside after this remaining down move.

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

Trade closed: target reached:

Take profit and look for buys from next week