AUDJPY- Monthly Triangle- This is how it can move till 102-104

(( )) - Means circled wave
Since Late 2001 lows56 it has been moving sideways & 15 years have gone by in the range of 50 on lower side & upper side 109-110. It has traced a triangle & internally having 3 waves, each for circled waves.
Travelling in the final leg, which is ((E)) - wave which can travel in the zone 102-104 where it completes 61.8% of ((C))-Wave
Trading Strategy
Once Swing Low 72.40 is taken out- It will start moving down. I shall continue this post for short term opportunities.
Since Late 2001 lows56 it has been moving sideways & 15 years have gone by in the range of 50 on lower side & upper side 109-110. It has traced a triangle & internally having 3 waves, each for circled waves.
Travelling in the final leg, which is ((E)) - wave which can travel in the zone 102-104 where it completes 61.8% of ((C))-Wave
Trading Strategy
Once Swing Low 72.40 is taken out- It will start moving down. I shall continue this post for short term opportunities.
Dagangan aktif
12:30 Hrs 6th Jan2017Last Price@85.03
Crossing above 85.50 & sustaining above that level - we will conclude that wave-((ii)) - a double bottom is in place at 84.55 which was a close 61.8% retracement of wave-((i)) high at 85.71 from 83.74 bottoms ending wave-4 & now moving in wave-5.
Next above 85.50- shall be looking for wave-((iii)) in wave-5 which travels 161.8% at 87.75
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.