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DylanMorgan

AUDJPY Long at Bottom of Pattern

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
DylanMorgan Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Wave Analysis AUDJPY patterntrading wavetrading wavetheory impulses corrections
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waveanalysis audjpy patterntrading wavetrading wavetheory impulses corrections
Here I am watching for long positions at the bottom of the pattern.
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Price broke down impulsively so the original idea is invalidated. To join price on the wave down wait for a continuation pattern to form.
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The continuation pattern is forming nicely and I am waiting for price to reach the top before i place my orders.
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Get ready for the short soon. Sell on a strong breakout.
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