HELLO TRADERS,
Looking at the bigger picture, we have a lot more room to go (Refer to previous AUDJPY forecast).
Currently there is a beautiful expanding correction that already took place and now we are more confident in further up momentum and continuation.
Note: There is a small chance that we can have 1 tiny down move to make a slightly more complex correction but it will most likely be a bounce of the previous trend line!
Trade Setup:
SO - 74.341
TP - 75.892
SL - 73.098
Check out some of my other ideas posted under 'related ideas' down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!