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AUDJPY short

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FX:AUDJPY   Dollar Australia / Yen Jepang
Waiting for it to break 84.477. Will then look for my sell setup. This sideway move that contains 5 waves is the 4th wave of the C wave. Therefore, I'm looking for that last impulse (5th) to the downside. Targeting 127 minimum / 161.80 maximum.
Komentar:
Very nice. Broke the top slightly. Creating a sell setup.
Komentar:
Just made a sligt break. Completing a C wave. Downfall imminent? Lets look at the three pairs. AUDJPY:
USDJPY: > Is strengthening correctively.

AUDUSD: Quite clear that it is about to break down. So USDJPY strength and AUDUSD weakness. Time will tell. Entry short set.
Trade aktif
Komentar:
Another way to look at it which argues for my side of the trade. AUDUSD just breaks down. It has completed a full ABC, A 5 waves, B 3 waves and C 5 waves again
Komentar:
stop at BE.
Trade aktif
Komentar:
Komentar:
Second one stop at BE.
Trading ditutup secara manual:
Closed one manually, BE on the other. Expecting it to go towards A and then maybe one more up move regardless of that, Entry set.
Komentar:
One more thing. Rumours going on about trump placing tariffs on China (Friday). That would be a double whammy for this pair. Yen strength and Aussie weakness as argued on the previous chart. But perhaps this will be the motivation.
Trade aktif
Komentar:
BE. Uncertain in my prediction due to Australia employment numbers later on .
Trading ditutup: stop tercapai

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