AUDJPY - Massive Breakdown Coming!

AUDJPY setting up for a massive move lower. We are anticipating a move similar to wave W, which was over 1000pips.

We are currently in a WXY correction. We've almost completed wave X. Looking for a rejection around the 618 fibonacci level.

Trade Idea:
- Watch for rejection or lower timeframe trendline break for a risk entry
- For a safe entry, watch for a break of red trendline
- Stops above price after red trendline breaks
- Targets: 88 (600pips), 85 (900pips), 82.5 (1150pips)

Goodluck and as always, trade safe!