Hello traders ,AUDJPY in daily timeframe ,The wave count for this currency pair indicates the formation of waves 1, 2, and 3, and possibly wave 4.
And now we are in wave 5.
The form of wave 5 is the leading triangle and from this triangle we are inside wave 4, we assume that wave four to Fibonacci 0.88 will be corrected compared to wave 3.
And in this fibo, the ascent for wave 5 starts from wave 5.
If the end of wave 2 is broken, it can be understood that we are still inside wave 4, and if the downward warning sign is broken, this wave count is generally fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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And now we are in wave 5.
The form of wave 5 is the leading triangle and from this triangle we are inside wave 4, we assume that wave four to Fibonacci 0.88 will be corrected compared to wave 3.
And in this fibo, the ascent for wave 5 starts from wave 5.
If the end of wave 2 is broken, it can be understood that we are still inside wave 4, and if the downward warning sign is broken, this wave count is generally fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️