glennmercer
Short

AUDJPY Wave Count: Upcoming Rally Toward Bat Completion

FX:AUDJPY   Australian Dollar / Japanese Yen
Hey traders! AUDJPY             has moved sideways since the last update, and the wave count has been updated to a combination correction from an ABC simple zig-zag . I like a short from bat completion levels toward the completion of the 3-wave             ((e)) at the completion of the final leg of the triangle. If the triangle completes, I will be looking for an aggressive long position toward trendline resistance. Updates to come as the tide rolls, happy trading
Trade active: Good morning traders! This one is active. Also, We have a nice resistance pin over which I've moved stop loss. Down to 3.1p risk. Cheers
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Comment: Hey traders, setting SL to breakeven on this one. I'm not comfortable enough with the price action to add nor take profit. Therefor, I will eliminate risk. Cheers
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Good luck to us.
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