AUDJPY Wave Count: Upcoming Rally Toward Bat Completion

Hey traders! AUDJPY has moved sideways since the last update, and the wave count has been updated to a combination correction from an ABC simple zig-zag. I like a short from bat completion levels toward the completion of the 3-wave ((e)) at the completion of the final leg of the triangle. If the triangle completes, I will be looking for an aggressive long position toward trendline resistance. Updates to come as the tide rolls, happy trading
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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.