apdodog
Long

AUDJPY Expect Big Wave Up

OANDA:AUDJPY   Australian Dollar / Japanese Yen
Hello traders,

The bigger picture shows a completed WXYXZ correction pattern and now the reversal can begin.
Let’s see how the price will react when it gets back into the correction range at the green trend line . It might form a running flat for 1 more down move, but I think it’s more likely to just be the start of the uptrend reversal.


If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
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Thank you,
Good luck

Wow.nice post
I'm looking to go long on this pair but waiting to come down to 70.5 before entering.. do you see it coming down here before going up? Also how long do you think it'll take for it to hit your target at green line?
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apdodog ahmedzahid2799
@ahmedzahid2799, Thanks for your comment, I think regardless of the down move to 70.5 before up or not you should wait for a strong impulse up and a correction to enter. Don't enter when the price is falling because you don't know where it will stop and that can hurt. Have a good day!
Reply
@apdodog, That is true!! I want to see what happens around that area before taking entry.. just wanted to get your opinion if you think it will drop to 70.5 or if you think it'll be up from current levels.
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