AUDJPY Is Heading Lower In Five Wave
Hi Traders,
AUDJPY just completed a 5-3 wave cycle and the price has the potential to head lower in five-wave to complete the sequence.
Wave A is a leading diagonal followed by a double ZigZag corrective pattern in wave B. According to EW theory, the market resumes in the direction of the five-wave sequence once a correction is completed.
Price also retests the resistance level four times, you're just a profit away!
What's your view on AUDJPY? Let me know in the comment.
Thanks for reading!
AUDJPY just completed a 5-3 wave cycle and the price has the potential to head lower in five-wave to complete the sequence.
Wave A is a leading diagonal followed by a double ZigZag corrective pattern in wave B. According to EW theory, the market resumes in the direction of the five-wave sequence once a correction is completed.
Price also retests the resistance level four times, you're just a profit away!
What's your view on AUDJPY? Let me know in the comment.
Thanks for reading!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.