Dollar New Zealand / Yen JepangPenjualan
NZD/JPY SHORT
Hey guys, I'll just keep it short and sweet. Here's my trade idea:
Fib and Elliot Wave:
Time for (a) to (b) correction on the 4H chart E. Wave 1-5 has been completed with minor patterns on wave 4-5 properly observed. Forecasting price to go down to [77.997] on Fib level (0.236) and retrace back to 80.708 (0.618).
Fundamentals: Monday opening would give JPY high volatility against NZD since the scheduled BOJ meeting and speech would happen. That would give enough momentum on NZD's high volatility news on Thursday.
Good luck! Trade at your own risk.
=I plan my trade, and trade my plan=
Fib and Elliot Wave:
Time for (a) to (b) correction on the 4H chart E. Wave 1-5 has been completed with minor patterns on wave 4-5 properly observed. Forecasting price to go down to [77.997] on Fib level (0.236) and retrace back to 80.708 (0.618).
Fundamentals: Monday opening would give JPY high volatility against NZD since the scheduled BOJ meeting and speech would happen. That would give enough momentum on NZD's high volatility news on Thursday.
Good luck! Trade at your own risk.
=I plan my trade, and trade my plan=
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