AUDJPY Will Start A New Bearish Wave
1. The Volume Divergence has been formed, so that the price will be more likely to go down.
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2. Reversing the Fibonacci level of 0.618, the price has been reversed and has retested the first wave of the Elliot wave .
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3. In the consolidation phase, the price has corrected into the corrective stage so that the price moves further.
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4. Stopping Zone, determine which level is -0.236.
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5. Target Zone, the price will move towards Fibonacci level 1.618 which is the level of 0.75 or even more further.
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Recommendation: Signal Strength >>> $$$$$
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----- This writing is purely for education and does not imply buying or selling -----
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2. Reversing the Fibonacci level of 0.618, the price has been reversed and has retested the first wave of the Elliot wave .
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3. In the consolidation phase, the price has corrected into the corrective stage so that the price moves further.
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4. Stopping Zone, determine which level is -0.236.
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5. Target Zone, the price will move towards Fibonacci level 1.618 which is the level of 0.75 or even more further.
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#############################
Recommendation: Signal Strength >>> $$$$$
#############################
----- This writing is purely for education and does not imply buying or selling -----
Trade active
SL 83.0
TP 73.0
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.