You can buy this pair at 1.24780 TP at 1.28800 SL 1.23
Audjpy using line chart and RSI combo. Overall i see a buy a 80.04
There is a lot of confluence happening at this area. S&R is at 1.231220 area. We have two AB=CD patterns, as well as a harmonic pattern that is in the price reversal area. Keep and eye out for a rejection candle to enter this pair for a sweet sell.
Wolfe wave set up on the hour chart, sell at the break out of the yellow box or when price on the 1 hr chart closes below the upper trend line.
wait for entry at the break of the upper trend line tp is bottom trend line or S&R
Wait for a break of the upper trend line around1.50500- 1.50600. Tp would be the lower trend line. or you can use the S&R for tp points
This pair should be making its last attempt to the upside. 1.32400 is the area to sell. this will be the start for a bear market.
Heading to wave four, This leg up could be a bit choppy, we will see, overall once we get to wave 4 we will be able to come down to wave 5
Heading to wave 4, wave 4 makes a sideway correction eight out of ten times. we will see what it brings for the upcoming week. at the end of wave 4 we will also make a bearish cypher pattern that aligns with the S&R for a sell to wave 5.
S&R + harmonic, all seems to align to make a short term buy.