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glennmercer
Aug 4, 2015 11:57 PM
15m Correction Trade on AUDJPY
Short
FX:AUDJPY
15
Australian Dollar/Japanese Yen
FXCM
Description
⋅
Aug 4, 2015 11:57 PM
AUDJPY
has completed a 5-wave structure and has begun its correction. A close below the diagonal strengthens the likelihood of a possible continued move to the short side.
SL above recent highs:
92.085
T1 @ Unhit daily pivot:
91.275
T2 @ previous degree wave 4 completion and .786 * v:
90.43
EW
Elliott Wave
correction
pivot
Daily Pivots
AUDJPY
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