FX:AUDJPY Australian Dollar/Japanese Yen
I cannot say that I trade this pair often but as Im AUDUSD and fairly neutral USDJPY I thought, I should take a look @ this pair and the structure looks very interesting to say the least. I suspect we are in the beginning of a strong move to the upside to finish the C wave on a higher degree. The invalidation of this count is very clear - price must not touch the blue before the 3rd wave (red) is done. The moment the blue is touched before 3rd finishes, this count is out the window.