New Zealand Dollar / Japanese Yen
Short
Updated

NZDJPY SELL NOW (REVERSAL) OVEREXTENDED

61
NZDJPY is Defintely Overextended, both medium and short t-erm.

5 waves completed both on the larger picture and the sub waves.

15M:
Head & Shoulders:

Entry:
Sell on the break, which already occured.

1H: Candlesticks are also suggesting a reversal.
Trade active
SL at right shoulder on 15M
Note
Heavy in the profit, nearly 1:4.
Definitely move SL to BE maybe even take some profits.
Trade closed: target reached

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