Fxprotrader
Long

AUDJPY Potential Buy Setup About To Complete

FX:AUDJPY   Australian Dollar / Japanese Yen
383 0 21
Looking AUDJPY             in a larger timeframe we see that price is moving into a consolidation. In a lower timeframe we have a pending buy setup. After an impulsive up move, price is in a correction having already complete four waves. If it retraces further at the lower bond of the larger correction we should have a five wave corrective pattern completion.

At that level we should watch for a buy setup to catch the next impulsive move.

Consolidation:
snapshot
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out