FX:AUDJPY   Australian Dollar/Japanese Yen
Idea is based on a combination of Elliot wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific target and stop loss.

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nice but TL has broken be carefull
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HamzaLeith Fxentourage.
TL?
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Fxentourage. HamzaLeith
Yes support trend line has broken last day
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HamzaLeith Fxentourage.
Oh I see, yes I don't expect a fast rise!, We are still in a downtrend, But I think now a consolidation period will start and after it new highs will be reached, if my count is right at least...
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Fxentourage. HamzaLeith
A/C to me AJ will face 93-2
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HamzaLeith Fxentourage.
a/c to me AJ will reach the 100!! Here is the bigger picture
snapshot
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These red circles are validation points for yet another larger gray slope corresponding with a larger EW impulse wave
snapshot
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thanks look breakout
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