AUDJPY Forex Signal By Trading Twist
Buy Limit Order: 102.80
SL 102.50
TP 104.60
AUD/JPY consolidates the recent rally. Prices print a five-wave corrective structure. There is a confluence of fib levels at 102.80, 38.2% retracement, 127.2% extension of a wave, and 261.8% extension of a sub-wave. The level overlaps with the weekly ATR range and a previous swing low. I plan to buy the dip with SL below the previous low.
