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glennmercer

NZDJPY Short: EW Count + Potential Zig-Zag Breakout

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
glennmercer Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Elliott Wave wavetheory Zigzag glennmercer gmercerfx
16
5
elliottwaves wavetheory zigzag glennmercer gmercerfx
Hey traders! We have a potential breakout here toward the downside on this pair. I like the bearish impulse in wave-A of the bearish correction. It's a good indication that we have an upcoming five-wave impulse wave-C. In order to be sure wave-B is complete, I want to get in after the support is broken with a SL above the strong S/R zone. Happy trading
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