FX:AUDJPY   Australian Dollar/Japanese Yen
AUDJPY             seems to be in final stages of black wave 5 and could ideally turn up in sessions ahead into a corrective retracement. Right now we think that price is trading in wave four the sub-wave of our black wave 5 and could later move even lower to around 79.00 area before turning to the upside. We are tracking an ending diagonal , that usually pushes prices higher, when it is completed.

Link to our previous updates on this pair:
AUDJPY : Correction In The Making
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Have same wave count. Need to see more PA before confirming ending diagonal
+1 Reply
a year ago
Hello, I see you idea is great, we are close to a change in price direction.
could we possibly be in wave 4 in weekly chart? and even try 86 again?
I will appreciate your comments. Thank you
AUDJPY weekly
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