Thursday, December 12, 2019

#AUDJPY Daily #ElliottWave Count

AUDJPY Daily Elliott Wave Count

On the last AUDJPY Daily Elliott Wave Count I posted on Dec 7th, I was looking at a possible 1-2 nesting.  On a break of the 75.674 high, the AUDJPY would have 5 waves up to complete a Leading Diagonal wave 1 or A.  IF this does in fact complete, we should see a 3 wave pullback before another 5 wave move higher.  

If the AUDJPY does not break the high before turning lower then the nesting is still possible. 

AUDJPY Daily Elliott Wave Count
AUDJPY Daily Elliott Wave Count