AUD/JPY: Moved lower and banked +45 pips +3%

Elliott Wave Forecast Team ElliottWave-Forecast.com

On May 7 2026 I posted on social media @AidanFX the AUD/JPY sell entry and chart.

“AUD/JPY Sold at 113.41 Stop Loss 113.56 Target 113.11 – 112.96 area.”

AUD/JPY 5 Minute Chart May 7 2026 (Sell Entry).

AUD/JPY moves lower and on May 7 2026 price hits the 3R target at 112.96 from 113.41 and I closed the sell trade for +45 pips (+3% gain risking 1% on every trade).

AUD/JPY 5 Minute Chart May 7 2026 (Targets Hit/Trade Closed).

A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.

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Elliott Wave Forecast Team

ElliottWave-Forecast.com

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