nikitafx

AUD/JPY bearish Flag breakdown C wave (Nikita FX )

FX:AUDJPY   Australian Dollar/Japanese Yen
65 0 0
AUD/JPY             is hitting now at the Green Channel bottom which is a bearish Flag.
102.83 ('14.11/21 ) was the top of B-e which was heading for wave C. Since then,
first C-5-1 which had 5 waves-structure looks like being completed.

Ideally AUD/JPY             will be heading for much lower region (at Alt. C-5-3: 85.70 ), however
wave C-1 thru C-5 (102.83--94.25) is a Fractal wave of A ( 105.43--86.40 ) to me. Which means
Alt. C-5-2 is going to be as same ABCDE upward consolidation as B-a thru B-e.
Therefore C-5-2 might be able to reach 101.66.

Nikita FX (http://climbingfx.jugem.jp/ )
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out