AUDJPY has been correcting for a while now. i am looking for it to move to the uptrend for a while and then form a bearish movement. to form the bigger impulsive movement.
It can either start dropping from here or it can start to raise and correct for another wave and then move towards the impulse.
more on the smaller timeframe.
Note
4HOUR the correction is underway. Waiting for it to break. let's see how this holds.
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