NZDJPY - EASY 400pip Trade Setup!
NZDJPY has recently completed its bullish wave and now we are in bearish territory.
We can see that we're in wave 2, which is an ABC correction. We have a leading diagonal for Wave A which we've almost completed. We're looking for one more move up to complete the leading diagonal and then we'll be looking for a big SHORT.
Trade Idea:
- Watch for price to move up once more to reach the 618 fib and leading diagonal resistance
- Risk entry on rejection of the above
- Safe entry on break of the red trendline
- Targets: 83 (250pips), 81.2 (420pips)
We may bounce off the structure level for a Wave C so do keep an eye out for the bounce!
Goodluck and as always, trade safe!
We can see that we're in wave 2, which is an ABC correction. We have a leading diagonal for Wave A which we've almost completed. We're looking for one more move up to complete the leading diagonal and then we'll be looking for a big SHORT.
Trade Idea:
- Watch for price to move up once more to reach the 618 fib and leading diagonal resistance
- Risk entry on rejection of the above
- Safe entry on break of the red trendline
- Targets: 83 (250pips), 81.2 (420pips)
We may bounce off the structure level for a Wave C so do keep an eye out for the bounce!
Goodluck and as always, trade safe!
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.