U.S. Dollar / Japanese Yen
Updated

USDJPY Correction and down again

408
We are expecting this pair to give us up move first next week and then we will look for sell setups. Day traders look for buys and take profits, swing traders wait for the correction to finish and look for sells after.

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...

Trade with care
We Trade Waves
Note
Keep moving your stops in profit
Trade closed: target reached

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