sdailey23

NZDJPY 1h update

Long
sdailey23 Updated   
FOREXCOM:NZDJPY   New Zealand Dollar / Japanese Yen
one more correction then looking for a sell
Trade active:
TP1 reached!
not shown on this chart

TP1: 73.1 (not exact # measure w/ fib)
TP2: 73.25 (not exact # measure w/ fib)
TP3: 73.37 (100% of wave b)
TP4: "Running"

If wave starts "running" a couple of things will happen:
I will measure to 200% fib to see if the correction is an extension; I will change view structure and start making different outcomes; will also consider the possibility that we would be in a long term wave
Trade closed: target reached:
looking for sell position
will carefully view structure to make sure we don't get another buy rally
Comment:
looks like we have some divergence so we make actually see one more rally if thats the case we'll let the buy rally play and wait on the short position
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