AUDJPY more downside, THEN major reversal
Updated
AUDJPY is comparable to EURJPY and USDJPY for that matter. However short term we have to deal with strong bearish movements that will present sell opportunities on lower time frames after a consolidation. The wave count is indicative (orange) but for now this is my preferred scenario. Updates will follow for trade set-ups on lower time frames.
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youtube.com/watch?v=HvmWTm4fcl8
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
Note
Short term trade opportunity
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