GBPJPY .. unlike USDJPY , this pair has been in a strong bullish trend and right now price is approaching the climax of this trend with this final wave 5 of wave (5). from there we expect a counter trend . One this you should note most of you are still beginners so don't trade against this bullish trend until brice trade below this wave (4)
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This is the factual nature market and this is why elliottwave is the most accurate strategy .. on this sub-wave wave iii still should follow all the rules of an impulsive move . This means a chart on 1h ,4h ,1d ,1w and 1 minute should follow the same rules so this remove the guessing work and make the strategy efficiently traded
Elliot waves analystππ
I will explain this letter lets look at potential opportunities today
Elliot waves analystππ
AUDUSD 4H . Similar to NZDUSD we are entering the correction phase next week
REMEBR THIS ANALYSIS ON AUDUSD