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 www.thepiphunter.com and subscribe.
If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
drin
8 months ago
I got this
snapshot

Still the same idea though..
Reply
peterdcharlebois PRO drin
8 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
8 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
8 months ago
yes
Reply
KVE PRO farid_ardavani
8 months ago
Exactly what I was thinking..., 3 waves up and then possible a break lower...
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Visionary
8 months ago
Hey brother it just broke through pattern, is it still a good short?
Reply
piphunters Visionary
8 months ago
yes, follow the upcoming price action and decide.
Reply
Visionary piphunters
8 months ago
Awesome, you're the real MVP :D
Reply
piphunters Visionary
8 months ago
thanks
Reply
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