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TkCha
Mar 18, 2019 6:33 PM

AUDJPY Short Short

Australian Dollar/Japanese YenFXCM

Description

AUDJPY looks to be a completed Elliott Impulse Wave during this trend of multiple higher highs & higher lows.
As of now, I'll be anticipating for a breach of the former higher low & a retest of the grey highlighted box before entering a short, targeting the .50 - .618 Fibonacci region.

Comment

Support had been breached. H&S also had been formed

Order cancelled

Price had invalidated the idea.
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