AUDJPY Wave Count: Upcoming Rally Toward Bat Completion

2. Okt. 2016

Hey traders! AUDJPY has moved sideways since the last update, and the wave count has been updated to a combination correction from an ABC simple zig-zag. I like a short from bat completion levels toward the completion of the 3-wave ((e)) at the completion of the final leg of the triangle. If the triangle completes, I will be looking for an aggressive long position toward trendline resistance. Updates to come as the tide rolls, happy trading

5. Okt. 2016

Trade ist aktiv

Good morning traders! This one is active. Also, We have a nice resistance pin over which I've moved stop loss. Down to 3.1p risk. Cheers

5. Okt. 2016

Anmerkung

Hey traders, setting SL to breakeven on this one. I'm not comfortable enough with the price action to add nor take profit. Therefor, I will eliminate risk. Cheers