#AUDJPY 1H timeframe Elliott wave analysis

Updated
As shown in the chart, we could be observing a 1-2, 1-2 setup in the Elliott Wave count, indicating a potentially significant bullish opportunity.

However, it is crucial to wait for clear price confirmation before entering any positions.

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This analysis is still valid and looking for good old structure change situation to go for a long.
Chart PatternselliotwaveanalysisTrend AnalysisWave Analysis

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