Thursday, January 9, 2020

#AUDJPY 1 HR #ElliottWave Count

AUDJPY 1 HR Elliott Wave Count

If you drill down to the 15 mn chart you can see a Leading Diagonal for circle A of the b wave and and what looks to be an Ending Diagonal for circle C of the b wave.  This could be just the first leg of the b wave correction and we see 3 waves back before another shot higher that holds below the 76.55 highs.

A break below 73.768 and I would be looking for the 72.00 - 72.50 area before higher again.


AUDJPY 1 HR Elliott Wave Count
AUDJPY 1 HR Elliott Wave Count