AUDJPY - Flat Correction ✨
AUDJPY is showing us a really nice flat correction.
A flat correction consists of 3 major waves, which is broken down into 3(A) 3(A) C(5).
We are currently in C wave, subwave 4. Expecting subwave 5 soon.
Trade Idea:
- Watch for breakdown of subwave 4 correction
- Entry after break of red trendline
- Stops above the highs of the correction
- Targets: 90.5 (330pips), 89.1 (480pips)
Goodluck and as always, trade safe!
A flat correction consists of 3 major waves, which is broken down into 3(A) 3(A) C(5).
We are currently in C wave, subwave 4. Expecting subwave 5 soon.
Trade Idea:
- Watch for breakdown of subwave 4 correction
- Entry after break of red trendline
- Stops above the highs of the correction
- Targets: 90.5 (330pips), 89.1 (480pips)
Goodluck and as always, trade safe!
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.