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.
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.
Trade active
SL at right shoulder on 15MNote
Heavy in the profit, nearly 1:4.Definitely move SL to BE maybe even take some profits.
Trade closed: target reached
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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.