short opportunity for NZDJPY
Updated
I do my analysis using Elliott wave strategy.
According my analysis we now are in fifth wave of cycle started in 2009:
But looking in shorter time frame we now on wave 2 of wave 5.
Also MACD shows convergence between high of wave 1 and last high, so i think that now we have entered wave C of wave 2.
According my analysis we now are in fifth wave of cycle started in 2009:
But looking in shorter time frame we now on wave 2 of wave 5.
Also MACD shows convergence between high of wave 1 and last high, so i think that now we have entered wave C of wave 2.
Note
Move SL to 0.81000Trade active
Trade is still active. Only move SL above 0,8100 or to BETrade closed: stop reached
Closed with profit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.