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Market Structure

Education
Australian Dollar / Japanese Yen (FX:AUDJPY)  
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FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns
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trendanalysis waveanalysis chartpattern
The market moves in two phases; Impulse and Correction.
Impulse is composed of a strong bullish or bearish momentum while
Correction is composed of a sideways move, which is always a serious consolidation.
Trades are taken at the break of the correction
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