Looking at the bigger picture, we have a lot more room to go (Refer to previous AUDJPY forecast). Currently there is a beautiful expanding correction that already took place and now we are more confident in further up momentum and continuation.
Note: There is a small chance that we can have 1 tiny down move to make a slightly more complex correction but it will most likely be a bounce of the previous trend line!
Trade Setup:
SO - 74.341 TP - 75.892 SL - 73.098
Check out some of my other ideas posted under 'related ideas' down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
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1 more down move, and then we go. I will update the orders soon because if we make the move I'm expecting then we can get into the long earlier.
Stay tuned!
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Ok guys, the down move I updated last just happened, now we move the order!!
SO - 74.347 TP - 76.147 SL - 72.965
Order cancelled
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Looking for a new setup from lower, if I see anything ill let you guys know. For now, this order is closed.