URIFX

AUDJPY: My Patience challenge

FX:AUDJPY   Australian Dollar/Japanese Yen
75 0 6
7 months ago
In previous ideas, I tried to capture next bear impulse but all failed.
Looking at the chart in details, I decided to close all position of this pair because I cannot identify where price will go.

Price may develop to next impulse wave because previous wave is an ABC.
Price may also drop down a 3 wave to form regular pattern such as a flat.
So, I will wait for confirmation in next some days and join the market again when price touch bull confirmation line or bear confirmation line.
7 months ago
Comment: Waiting for a bull because I saw a pattern of regular flat correction with structure of 3-3-5.
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