WeTradeWAVES

CADJPY correction and up again

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FX:CADJPY   Dólar Canadense/Iene Japonês
We were expecting sells last week instead market has moved up sharp now the structure has changed, expect it to make a down move and then look for buy setup. If we don't get a setup after the down move then we will stay away.

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...

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