AUD/JPY extending correction on the downside

2023년 7월 28일

The correction extends on the downside, forming a WXY for now.

I marked a fib cluster (the grey area) that can mean a potential end of the wave Y.

However, wave Y can go down more until around the 90.743 price area.

If it goes below that level, we may have a diagonal forming, as we are finding ourselves into a bigger Wave 5, where an ending diagonal can happen sometimes.