piphunters
Short

AUDJPY: Lookout for a break!

FX:AUDJPY   Australian Dollar/Japanese Yen
590 9 25
The pair is in a corrective structure after the recent impulse down and it looks like it's gonna break down as another impulse soon giving us a good opportunity to go short!

IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
drin
10 months ago
I got this
snapshot

Still the same idea though..
Reply
peterdcharlebois PRO drin
10 months ago
This looks like a wave 4 triangle. or a complex wave 4. Either way, IF THIS IS the right assessment... when it breaks down, remember as a wave 4 it may not travel much past the previous bottom.
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farid_ardavani
10 months ago
Agree but if you looking for a triangle, still there is one more wave to upside as wave (e)
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piphunters farid_ardavani
10 months ago
yes
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KVE PRO farid_ardavani
10 months ago
Exactly what I was thinking..., 3 waves up and then possible a break lower...
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Visionary
10 months ago
Hey brother it just broke through pattern, is it still a good short?
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piphunters Visionary
10 months ago
yes, follow the upcoming price action and decide.
Reply
Visionary piphunters
10 months ago
Awesome, you're the real MVP :D
Reply
piphunters Visionary
10 months ago
thanks
Reply
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