NZDJPY 5th Elliot Wave
Bought NJ since the beginning of the 2nd wave which was a very successful long trade shooting from a major support. The ABCD retracement indicates us there is a 5th wave coming after the breakout of the bullish flag.
In theory, the wave should reach the 1.272 Fib extension, 73.60, but I'm keeping my first target at the same level as the last high, 72.95.
In theory, the wave should reach the 1.272 Fib extension, 73.60, but I'm keeping my first target at the same level as the last high, 72.95.
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