$NZD v. $JPY - This WW Might Rest At #fibonacci Before Rallying

Friends,

Perhaps an interesting opp in this lesser frame (M15) where ground could possibly defined at a standard Fib contraction level, such that:

1 - 0.500-Fib = 75.589

and

2 - 0.681-Fib = 74.834

SL < 0.618-Fib
TG = 79.763 or 1-3 Line extension of WW, which ever come first.




Not worth entering unless it declines first. It's one of those all or nothing.


Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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PS: Looking back, here was an interesting one:
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DAA
.