AUDJPY looks to be a completed Elliott Impulse Wave during this trend of multiple higher highs & higher lows.
As of now, I'll be anticipating for a breach of the former higher low & a retest of the grey highlighted box before entering a short, targeting the .50 - .618 Fibonacci region.
As of now, I'll be anticipating for a breach of the former higher low & a retest of the grey highlighted box before entering a short, targeting the .50 - .618 Fibonacci region.
Note
Support had been breached. H&S also had been formedOrder cancelled
Price had invalidated the idea.
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.
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.