15m Correction Trade on AUDJPY

٤ أغسطس ٢٠١٥

AUDJPY has completed a 5-wave structure and has begun its correction. A close below the diagonal strengthens the likelihood of a possible continued move to the short side.

SL above recent highs:
92.085

T1 @ Unhit daily pivot:
91.275

T2 @ previous degree wave 4 completion and .786 * v:
90.43