AUDJPY : More Wekaness Could Follow

FX:AUDJPY   Australian Dollar / Japanese Yen
On the Daily chart of AUDJPY , we are tracking a double zig-zag pattern, that consist of waves W-X-Y with sub-waves a-b-c. As we see on the chart, recent reversal to the downside form 90.743 level, where we labeled end of wave (C) could suggest that price may be facing lower levels in session ahead. That said break beneath lower channel line would indicate more weakness.



Nice analysis! Well done,bro!
+1 Reply
Thank you!
Darenth ew-forecast
I'm more inclined to push the wedge.Maybe,alway,short them!
In my daily chart are pointing down, and I went into a sale transaction using stochastico, so I think your analysis is wrong Friend
ew-forecast soforex2016
Well, Let's wait and see how it all unfolds.
soforex2016 ew-forecast
I know your lordship and already a professional, I have only two years of negotiation, my broker and etoro, I'll send you a sprint of my transactions ok?
soforex2016 ew-forecast
As we are a community and know you're a guy already experienced and I now am part of this site, I ask you to note this indicator with the stochastico with daily period, and the stochastico is configured as follows: 90,80,20 10.
The indicator I ask you to be tested is:
# Solar_Wind_Joy.ex4
Please test it ok?
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