Wave 5 just ended, ABC retracement ahead. Divergence on RSI. Gravestone doji candle!
See 4h chart
We may see an ABC retracement with continuation to the downside. On 1 hour everything fits, too.
AUD/JPY is in a long term downtrend. After retracing to the 61.8% Fib on the 4h chart it now seems to stall. MACD divergence; I wait for break of (1h) trendline to go short.
GBPUSD correct labelled chart: of course possible wave 3 forming after ABC retracement!
GBP/USD: Possible wave 2 after A-B-C correction (Daily Chart)
I wait if price is going to resume downtrend
Nice Swing Trade if High of last bar is broken.