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FUNTRADER-Vera
Nov 28, 2019 3:11 AM

2811 P2/8 AUDJPY 5th wave up for 380 pips Long

Australian Dollar/Japanese YenFXCM

Description

1. Bullish signals on daily chart
2. 5th impulse wave inside the uptrend channel
3. Maxmium could rally up for 380 pips for its 5th wave

Good luck!!
Less is more!
Comments
DocWonmug
Good analysis thanks. However there is a competing channel you can see on the 1w. I marked your target in yellow. I would favor a smaller target. What do you think? What is your opinion how significant is the 1W channel?


And here it is on the 1D.
FUNTRADER-Vera
@DocWonmug, I would not agree the way you draw channel. Thank you for your charts.
DocWonmug
@FUNTRADER-Vera, Thank you for the feedback. Can you explain how I should draw them in this case? I am trying to learn a better way.
Taste4life
Yes yes I was lonely
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