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Recovering JPYAUD within a bearish market

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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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