AUD/JPY analysis
Currently downtrend.
My analysis says that currently we are in a bigger Wave 2 of a much bigger Wave 3 on the downside.
(It may sound confusing, I hope the chart may help though)
Longer term, I see an uptrend. But for now, it will go down.
If the price goes below the beginning of Wave 1, a recount will be needed. Until then, the rules and guidelines are respected
My analysis says that currently we are in a bigger Wave 2 of a much bigger Wave 3 on the downside.
(It may sound confusing, I hope the chart may help though)
Longer term, I see an uptrend. But for now, it will go down.
If the price goes below the beginning of Wave 1, a recount will be needed. Until then, the rules and guidelines are respected
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.