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NZDJPY SELL NOW (REVERSAL) OVEREXTENDED
New Zealand Dollar / Japanese Yen
Short
NZDJPY SELL NOW (REVERSAL) OVEREXTENDED
By makromoo
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Updated
Dec 4, 2018
2
Dec 4, 2018
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.
Dec 4, 2018
Trade active
SL at right shoulder on 15M
Dec 4, 2018
Note
Heavy in the profit, nearly 1:4.
Definitely move SL to BE maybe even take some profits.
Dec 4, 2018
Trade closed: target reached
Trend Analysis
Wave Analysis
makromoo
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