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#GBPJPY Exhaustion phase (Wave 5) breaks down. See my before & after analysis.


Don't use trending tools for the exhaustion phases [they won't work]. Wave 5 is against all trends on charts and leading tools are required in order to be successful, I hope this helps - look out for divergence in these cases, along with CHOCH for entries. Price Action Charts -Gives you all these ON YOUR CHART!. Chris

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Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. All information is for educational purposes.

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