AUD/JPY Wave Analysis
On 1 Hr time frame ,
Five impulse started from 78.851 to 95.800 is completed on 20th April 2022
A wave : 95.800 to 87.400 ( Unfolding as subwave abc)
B wave : 87.400 to 96.180 ( Unfolding as Inverted flate)
C wave Forecast :
38.2% fibonacci @ 89.200 is Target 1
61.8% fibonacci @ 85.400 is Target 2
Note : we can see correction pattern is inverted flat as B wave has broken starting point of "A" Wave.
Conclusion : C wave in inverted flat is sharp and deep so ready for fast and furious C wave.
#AUDJPY
Five impulse started from 78.851 to 95.800 is completed on 20th April 2022
A wave : 95.800 to 87.400 ( Unfolding as subwave abc)
B wave : 87.400 to 96.180 ( Unfolding as Inverted flate)
C wave Forecast :
38.2% fibonacci @ 89.200 is Target 1
61.8% fibonacci @ 85.400 is Target 2
Note : we can see correction pattern is inverted flat as B wave has broken starting point of "A" Wave.
Conclusion : C wave in inverted flat is sharp and deep so ready for fast and furious C wave.
#AUDJPY