USDJPY correction and down

FX:USDJPY   U.S. Dollar / Japanese Yen
If you took this buy with us you must have made small profits or worst case scenario breakeven. Expect a small correction and down again next week but we will wait for it to finish the down move and then look for buys 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