Looking at the Elliot wave on FX:USDZAR . Could we end up seeing a running flat forming after the impulse and a three (WXY). Sell at 14.00000 if the trend line is broken.
Looks like AUDJPY has reached it's 5th wave of the Zig Zag correction and now preparing to go long in the next few days
Entry at 72.530
SL: 70.430
TP: 79.500
After forming 5 wave short and the daily candle closing engulfing the pervious days candle, we could expect a ABC movement. Could this be a Zig Zag? FX:AUDUSD