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ElliottWaveBelgium

AUDJPY - One more push lwoer before ralling ?

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
ElliottWaveBelgium Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Wave Analysis Beyond Technical Analysis AUDJPY short riskreward
4
0
trendanalysis waveanalysis beyondta audjpy short riskreward
We are in a Triangle formation and we should very soon see price go down for wave E.
We should ideally see a 3 waves decline.

Note that wave E sometimes is quite small so that it doesn't have to touch the lower trend line.

This count gets negated if price goes above wave B and below wave A.
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