NZDJPY - Higher Timeframe Overview ✨
NZDJPY recently completed its impulsive wave (see chart for breakdown of impulsive schematic).
We are now in the corrective phase, which is an ABC correction. We are almost at the completion of wave A. Expecting one more move lower to complete the 5th subwave of wave A. Expecting a deep pullback once the 5th subwave has finished.
Whilst we wait for wave B, we can catch the final wave down of wave A.
SHORT Trade Idea:
- Watch for price to breakdown on lower timeframe
- Targets: 79.5 (380pips) 76 (720pips)
As always, goodluck and please do trade safe!
We are now in the corrective phase, which is an ABC correction. We are almost at the completion of wave A. Expecting one more move lower to complete the 5th subwave of wave A. Expecting a deep pullback once the 5th subwave has finished.
Whilst we wait for wave B, we can catch the final wave down of wave A.
SHORT Trade Idea:
- Watch for price to breakdown on lower timeframe
- Targets: 79.5 (380pips) 76 (720pips)
As always, goodluck and please do trade safe!
Note
Update: 
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.