AUDJPY - Massive Breakdown Coming!
AUDJPY setting up for a massive move lower. We are anticipating a move similar to wave W, which was over 1000pips.
We are currently in a WXY correction. We've almost completed wave X. Looking for a rejection around the 618 fibonacci level.
Trade Idea:
- Watch for rejection or lower timeframe trendline break for a risk entry
- For a safe entry, watch for a break of red trendline
- Stops above price after red trendline breaks
- Targets: 88 (600pips), 85 (900pips), 82.5 (1150pips)
Goodluck and as always, trade safe!
We are currently in a WXY correction. We've almost completed wave X. Looking for a rejection around the 618 fibonacci level.
Trade Idea:
- Watch for rejection or lower timeframe trendline break for a risk entry
- For a safe entry, watch for a break of red trendline
- Stops above price after red trendline breaks
- Targets: 88 (600pips), 85 (900pips), 82.5 (1150pips)
Goodluck and as always, trade safe!
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.
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.