Get started
McCarteen

AUDJPY trading within contracting trendines...

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
McCarteen  
FX:AUDJPY   Australian Dollar / Japanese Yen
Triangle Elliott Wave
0
0
triangle elliottwaves
Price has been trading within a channel, initially I thought maybe we a re observing a bearish flag and I must see a strong bearish move away from the channel. But price was trading choppy taking a shape of a triangle, and no I am assuming that the wave B is yet to find resistance around the 78.6% level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.