FX:AUDJPY   Australian Dollar/Japanese Yen
24 3 1
Alternation rule of HEW suggests thats AUDJPY             is looking for a deep retrace
In my opinion is a good set-up.. I'm already short @ 98.397 and seems going well!
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I don't agree. RSI bottoming in the range of previous turns... 97.81 is the retrace of wave 3 up, looks very close now. Then wave 5 up from there to above 100.0
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Erhan Eker Cadman10
May be! But an up-bounce occur on that support zone and then it can continue to down. RSI is low but not oversold and no bullish reversal indication. Odds favor bears for now
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