Recovering JPYAUD within a bearish market

This pair is quite interesting, actually. We are and have been dropping for some time with this one, yet it appears that we are due for "X" Wave, which is a correction within a correction. This means we should temporarily go up, if I am right. I have outlined Fibonacci goals in green. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by yourself. In my experience Elliott Waves in combination with Fibonacci Retracements/Projections/Time and a momentum indicator of some kind gives results I am ultimately extremely happy with.

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