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WassimAzhari1
Jun 9, 2017 2:54 PM

AUD/JPY in wave 4 or X Long

Australian Dollar/Japanese YenFXCM

Description

FX:AUDJPY

1- Currently in wave 4 or A, moving upwards for wave 5 or A

2- Support at 50% Fib retracement.

3- Bullish daily and weekly Candlestick.

4- Stochastic Oversold.

Buy at current market price:
SL: 81.730
TP: 88.6oo
Comments
UnknownUnicorn326052
If the candle closes in 10 minutes at these levels (83) we will have one massive bullish engulfing candle which is a good sign for the weeks to come.
WassimAzhari1
@_VincentP_, yup, and it did :)
UnknownUnicorn326052
@WassimAzhari1, I'm also seeing a reversed H&S pattern. Whether we are at the start of a long bullish move or not is something we'll have to wait and see but if you are patient enough, this can turn into something beautiful :)
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