Beautiful sell on NZD/JPY with a minimal risk, i would place a stop loss at 77.177 i got in Friday at 77.060. If price breaches our stop loss significantly, then its likely were headed to the zone 79.140 - 78.164 before falling; if that fails then this forecast is invalidated. With that being said If you do decide to enter for a sell as soon as you see this, our first take profit point will be in-between 74.787 and 73.925, I still have positions from 79.603 78.420 and 77.060. Our desired destination consists of 3,120 pips.
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