pipinsight

Bias Long after a correction

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
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1
Falling wedge (red) show price break-out upwards with target shown at red line.
Elliot Wave shown in black lines with letters or numbers.
Green boxes donate buying area
Red donate selling area.
Place stop-loss about 30 pips.

Daily looks like this is going up after a smaller correction.

Read comments on chart.

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