dzintars
Short

short opportunity for NZDJPY

FX:NZDJPY   New Zealand Dollar / Japanese Yen
198 1 2
I do my analysis using Elliott wave strategy.

According my analysis we now are in fifth wave of cycle started in 2009:
snapshot

But looking in shorter time frame we now on wave 2 of wave 5.
Also MACD shows convergence between high of wave 1 and last high, so i think that now we have entered wave C of wave 2.
Comment: Move SL to 0.81000
Trade active: Trade is still active. Only move SL above 0,8100 or to BE

snapshot
Trade closed: stop reached: Closed with profit
Looking good. A H&S might be forming too
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