NZDJPY 1h update
one more correction then looking for a sell
Trade active
TP1 reached! not shown on this chart
TP1: 73.1 (not exact # measure w/ fib)
TP2: 73.25 (not exact # measure w/ fib)
TP3: 73.37 (100% of wave b)
TP4: "Running"
If wave starts "running" a couple of things will happen:
I will measure to 200% fib to see if the correction is an extension; I will change view structure and start making different outcomes; will also consider the possibility that we would be in a long term wave
Trade closed: target reached
looking for sell position will carefully view structure to make sure we don't get another buy rally
Note
looks like we have some divergence so we make actually see one more rally if thats the case we'll let the buy rally play and wait on the short position
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