Updated AUDJPY Chart
So, the 5th wave end up lower than I thought it would be. But AUDJPY had broke above the bearish trend line and a upward correction is underway. The first leg we saw is a very clean 5 wave structure. I like this and look to buy at current level, stop below 5th wave low. targeting fib extension at 91.82 and 92.96.
Related publications
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.