AUD/JPY Expecting a move down breaking support
Yo traders,
AUD/ JPY has moved perfectly rejecting resistance as expected and moving lower as predicted on Aug 16 chart posted here.
I am presently expecting it to break the support and move lower next week. As you can see on daily TF and 4HR as marked on the chart it has formed an Elliot wave pattern (ascending bottom rising). Has already moved past the resistance and broken trend line. expecting to move further down in the Short term.
Please like, support and comment if you like the idea. Share your ideas here too in order to learn from each other.
Thanks
Madtradex
AUD/ JPY has moved perfectly rejecting resistance as expected and moving lower as predicted on Aug 16 chart posted here.
I am presently expecting it to break the support and move lower next week. As you can see on daily TF and 4HR as marked on the chart it has formed an Elliot wave pattern (ascending bottom rising). Has already moved past the resistance and broken trend line. expecting to move further down in the Short term.
Please like, support and comment if you like the idea. Share your ideas here too in order to learn from each other.
Thanks
Madtradex