FX:AUDJPY   Australian Dollar/Japanese Yen
Price is showing an uptrend leg time expiration, with a very bearish down bar taking the highest low of said leg, right as time expires.
RgMov clearly shows an ABC move down, currently in wave 2 of C top.
This is a great hedge play for the NZDUSD             long idea I posted earlier.
Good luck!
Ivan.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
Looks pretty solid...

GBPNZD: Potential range trade
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IvanLabrie TOP IvanLabrie
2 years ago
Both trades working after the release of China data...good to have an insurance for your trades. (in this case, NU long)
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Targets:

snapshot


Time and price target matches that channel's median line, the others are projections equalizing the length of segment AB and CD.
Looks like a large corrective decline, but the C wave should be impulsive and swift.
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Barely any retracement so far...now it's a waiting game.
I'll post any scale in opportunities I find.
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snapshot
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Waiting for a retracement to scale in, but not sure I'll get a fill...might have to find another spot to sell again.
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snapshot
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AUDJPY weaving a triangle, not a wave 1 impulse down...stopped.
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IvanLabrie TOP IvanLabrie
2 years ago
Looks like a flat...not a triangle, but we'll see.
Momentum suggests otherwise.
Got a nice sell signal as detailed below...looks solid.
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snapshot


Shorted again at this corrective structure top.
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Same as all yen pairs, seems like tomorrow will be a big day for the Yen and Nikkei (and crude).
Potential short entry setting up, will update once confirmed.
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snapshot


Rgmov shows a clear downtrend, but price might retrace a bit now.
I'll try to fade the retracement if it happens.
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