Koryphaeen
Long

NZDJPY possible move to the upside

FX:NZDJPY   New Zealand Dollar/Japanese Yen
47 0 2
This is my view about the possible move that will follow.

However, we must be careful when PA will reach the trendline as shown, because it can go down for another impulse. My feeling is that the corrective structure is over, and it will go till the target.

Please do not follow this idea blindly, you must have a well tested strategy with good money management to trade these kind of setups. Take it only if it meets your criteria as well.

Have a nice day!
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