WeTradeWAVES

GBPJPY correction and further down

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FX:GBPJPY   Libra Esterlina/Iene Japonês
We are expecting a small push up next week on this pair as part of correction and make sure once you are in keep moving stops it could potentially be pull back for more down side so taking profits at small intervals would be wise.

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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