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AUDJPY Buy Idea Based On Multi-timeframe Analysis

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D1 - Bullish trend pattern followed by double wave correction.

Bullish convergence. Most recent downtrend line breakout.

H4 - Currently it looks like a correction is happening in the form of a double wave down.

Until the daily downtrend line breakout holds my view remains bullish here.

A valid breakout above the most recent downtrend line would validate this bullish view.
Nota
A valid breakout above the most recent downtrend line happened as expected and the price moved higher further providing a fantastic move to the upside!

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