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jbourgault
Oct 25, 2016 4:38 AM

NZDJPY Short (wave C) Short

New Zealand Dollar/Japanese YenFXCM

Description

All JPY pairs are meeting strong resistance + seems like the NIKKEI needs a little rest. The NZDUSD presents a nice 1-5 cycle ending, followed by a good retracement (wave A). Seems like wave B is over. I'm now trying to enter short on lower timeframe (30 min) for wave C on the 4h timeframe.
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