AUDJPY more downside possible?

Hi everyone:

MY previous forecast on AUDJPY worked out in my favor, as the price formed a nice continuation flag and we see a strong bearish move to the downside.

Since price broke down very impulsively, I will lock in some profit and see what price will do this point forward.

I am still expecting a correction to form here and more downside potential once the correction is finished.

Thank you

Kommentar:

Kommentar:

Wait for larger correction to complete.

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Kommentar:

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Price hits the bottom of the correction, I will look to lock in profit and see if price will break below and form smaller correction and I will look to hold on til the igher time frame structure.