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fximperija
Aug 31, 2014 3:17 PM

#AUDJPY, short on EW5, wedge break Short

Australian Dollar/Japanese YenFXCM

Description

PA broke channel on wave 3 (complex abc) and twice in forming the wave 5 (complex abc). Those breakouts are very limited and the channel TL seems to attract the PA very strongly. Wave 5 completion expected @97.4 for a short on ABC correction or new EW sequence down.
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