AUDJPY setup for long Long

Australian Dollar/Japanese YenFXCM

Description

⋅ Oct 22, 2015 2:28 PM

Final run of wave (iv) dropping down to 0.6182 x (iii), before setup for long on wave (v).
Bouncing between Fib ratios.

Long term view:

Comments

TradingEW

⋅ Oct 28, 2015 3:25 AM

Wave count update - still heading down to that 0.6182 target, but needs a wave iv to complete (c) before the big rally.

TradingEW

⋅ Oct 23, 2015 5:19 PM

Setup for the downside on impulse wave (c):

TradingEW

⋅ Oct 23, 2015 5:10 PM

So, there's more to this correction (iv), Ah!
Revised wave count - sell on the minor wave (c) down :