FX:AUDJPY   Australian Dollar / Japanese Yen
After AUDJPY broke out of its bull run, it started to create a bigger correction on the daily timeframe . Price can be broken down into 2 phases; Impulse & Corrections.

Looks like price could move up once more to fulfil the 5 wave reversal pattern before we move down. We are also short on EURAUD for the short term due to AUD strength so we can correlate that chart with this.

Goodluck and trade safe!
Want more chart ups like this? Click the links below:

FREE Telegram: https://t.me/Wicktator

VIP Setups & Education: https://t.me/WicktatatorVIP_bot

Trades Before & After: https://www.instagram.com/wicktatorfx/

Comments

Nice idea
Reply
Thank you. Extremely clear and precise as always.
Reply