Ronin_trader

AUDJPY Elliott wave long

Long
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
Publishing this late. Been waiting for a day plus for the 4 hour wave 2 to develop. I entered at the 0.5 fib point as the prince action seemed to be stalling and at the 15mins and 1 hour it seems to be at the Low of the bollinger band.

At the time of publishing this trade it seems like price has gone through and is now at the 0.236 point. I'm honestly abit worried that this might not be a wave 2 point but a diverging triangle (correction)
Comment:
Still in the trade, it seems like my labeling of it being a 4 hour wave 2 was wrong. The price seems to be at a correction point but i'm not sure what correction pattern it is. If anyone one has any inputs on this it would be great.
Trade closed manually:
Closed in profit, but I think this was a super bad trade cause I held it for too damn long and for a majority of the time I was in a lose. :(
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