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Monthly corrective structure-AUDJPY

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
Ometrading Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Fibonacci Double Top or Bottom Wave Analysis aud jpy AUDJPY long-term trump setup Fibonacci Retracement pips
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fibonacci doubletoporbottom waveanalysis aud jpy audjpy long-term trump setup fibonacciretracement pips
After a year in a corrective structrure, this pair could experience a new bearish scenario. MA50&61.8% fibonacci retracement has been rejected. We can expect the new bearish scenario if the breakout is confirmed. Stay tuned.
Comment:
Comment:
Break out has now occured
Comment:
We could see a continuation of the bearish trend the next weeks
Comment:
After a corrective scenario those two last months, price is showing bearish signals at 4H timeframe. We could see a new bearish impulse next weeks
Comment:
Price developed as we predicted 9 months ago. Still have short potential
Trade closed: target reached:
Perfectly played.

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