nikitafen46
Short

Massive AUDJPY Structure on the Weekly

FX:AUDJPY   Australian Dollar / Japanese Yen
I don't think there is a name for this kind of pattern, but here it is.

My prediction is that price will range between these 2 areas for another 3 - 4 years.

So essentially look for a short from the current price down to the mid 70s, then back up to the mid 80s, repeat that again, and then a drop to the mid to high 50s.



Comment: Coming true as predicted, bearish to mid 70s.
i must say very interesting,we will follow this chart,for now is working like you says.. if tomorow stay in this zone,well you find new paterns for analise the chart and price movment :-).... nice and interesting job..
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