Potential Ending Diagonal

FX:AUDJPY   Australian Dollar/Japanese Yen
114 2 0
Ending diagonal within an ending diagonal ? Has the little one finished and/or will the larger one complete. In which case
you can trade the A = C --- 94.16 --- also the 50% retracement from the top at 95.70 OR lower your risk by waiting to trade
the top of the trend line at 5 OR if that all misses set a stop limit for the breakdown below 93.80.
To me this looks pretty good with the overthrow of the channel lines: very common with an ending diagonal .
Of course, this can make stop placement a bit of a challenge so be prepared to stop out and reenter or set
a lot of leeway for some sloshing around.
Answer: The little diagonal. And I was soooo hoping the big one would play out for big profit. Keeping watch over this for some kind of retest @ 93.80 or higher, although the present chart pattern and candlestick formation do not bode well for this to happen.
Well, did get my retest, BUT, the markets are kicking up so much dust, it's difficult for me to see clearly. I think I'll let it settle and take the rest of the day off to enjoy a last beautiful, crisp, fall day in the mountains: maybe even tomorrow. Winter will arrive all too soon.
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