AUDJPY Elliot wave Application , Good Entry , Good RR

Hello ,

Guys this is a good example of Elliot Wave application with very good risk/reward ratio

Entry Point is at the end of wave 4 , Stop loss is below the trend line a little bit and the Target is around 1.618 extension of wave 1 .

This is not a Trading advice this is only an idea , Trade your own strategy .

Good luck