FX:AUDJPY   Australian Dollar / Japanese Yen
62 0 4
Hello everyone.

This is my wave count on AUDJPY             . We can clearly see that we're on a big downtrend channel , which is currently on the fifth wave, so it gives us a lot of margin to fall down even more.

This idea is supported by the fact that that wave it's currently on its third wave. I think it will behave like shown on the chart.

Merry christmas to everyone, and good luck!
Comment: Still valid. I think it's a good oportunity to sell now. Look at 1 hour TF.
Comment: Hello everyone. 3rd wave down :)
Comment: Hello. Expect a retracement here: we have a divergence in 4H.
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