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Currencywaves

Still looking for one more high in #AUDJPYI believe we will see a new high toward 80.5 in the #AUDJPY before lower. There is a rising wedge forming that could b C of an ABC up as labeled or the entire move could be a C wave of a larger ABC. Eirther wat I am looking lower after the move up to 80.500 - 81.00. Plenty of support on the RSI 40 and 70 is acting as resistance as price moves lower after hitting it. I am expecting it to hold again with some divergence as the pair makes new highs.
Long
by CurrencyWaves
#USDCHF Weekly Bullish CountThe weekly Bullish count is looking for a 3 wave move down to complete an "e" wave of the "b" wave triangle. After the triangle completion the pair should have a pretty strong move up to the 1.15 area. The 1.15 target area has three measurements that complete in that area. (Y) = (W), c = a and the width of the triangle. A break of .94439 would invalid this triangle count but would still leave the possibility of a larger c wave to complete before moving higher in d. A break of .90719 would eliminate the triangle all together. Note the triangle in the RSI. This should give clues as to the bounce and direction.
Long
by CurrencyWaves