AUD/JPY Larger Major-2-ABCDE waves going on (Nikita FX )
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Since 105.43, AUD/JPY started its larger 3 waves(Red ABC). H&S thru wave Red C almost hit the target, however one more minor downward wave to complete its target will be coming agter filling Gap and capping WMA50 Line (Red curving line). And also AUD/JPY is forming Huge descending Channel (Black & Brown lines), therefore Red C wave bottom will be the turning point for the next wave D & E.
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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.