FX:AUDJPY   Australian Dollar / Japanese Yen
The idea is still strongly active. Weekly timeframe WAVE 2

With Wave 1 on the daily timeframe completed. A 5 wave internal structure is seen.
A corrective Wave is (ABC) with a 0.5 retracement zone is completed.

The next probable wave is wave 3 the longest and sharpest trend. This trend has a higher probability of being extended to extension zone 2.168. The reason for this bias is on the daily wave 3 is occurring on wave 3 of the weekly timeframe

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.