FX:AUDJPY   Australian Dollar/Japanese Yen
2 months ago
I have the AJ in a possible falling wedge. I also have it in a sideways box on the longer timeframe. Due to this I am looking for the pair to break the wedge before targeting the above fibs.

I was able to ride this pair down. I am now looking for a climb back up.

However, if it breaks the 76.00 and keeps going, I will be looking for a short to the 74.55 area.
2 months ago
Comment: Price has broken the falling wedge trend line. I have placed my first position at 76.87.
2 months ago
Comment: Update: Stopped out on this trade. Price has decided to move sideways unfortunately.
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