audjpy -- 4th wave correction

FX:AUDJPY   Australian Dollar / Japanese Yen
22 1 1
Looking at the current sideways action as the construction of a 4th wave for one more high to complete a five wave move from 74.547. I drew in two possibilities -- a triangle, or a move towards the 38.2% of wave 3 before moving higher. This pair has significant potential for longs (see attached chart)

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