TheAlaskanTrader

Opportunity to buy in?

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FX:AUDJPY   澳元/日圓
So price broke out of the Wave 4(ABCDE) pattern it seems. If you missed getting into this long early there may still be a conservative entry around 72.64. When price reaches the prior high, a lot of shorts may be picked up with people betting on a double top situation, that could push price down to the 72.64 area, which is a spot with a couple important Fib levels. Check out the chart, let me know what you think.
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