Buy AUDJPY: Wave 5 of Implusive

Updated
from technical aspect, it is expected to be bullish to complete wave 5. also potentially to form batpattern. we can open short-term buy position at the beginning of Asian market opening on 1/15/2018. from the sentiment aspect, data on AUD speculative net positions rose to 5.5K. from a fundamental aspect, perhaps we need to be cautious about the impact of BoJ's monetary stimulus.
Trade active
buy position has been opened @87.90
Trade closed: target reached
Beyond Technical AnalysisChart PatternsWave Analysis

Disclaimer