NZDJPY SELL NOW (REVERSAL) OVEREXTENDED
NZDJPY is Defintely Overextended, both medium and short t-erm.
5 waves completed both on the larger picture and the sub waves.
15M:
Head & Shoulders:
Entry:
Sell on the break, which already occured.
1H: Candlesticks are also suggesting a reversal.
5 waves completed both on the larger picture and the sub waves.
15M:
Head & Shoulders:
Entry:
Sell on the break, which already occured.
1H: Candlesticks are also suggesting a reversal.
Trade active:
SL at right shoulder on 15M
Trade closed: target reached
Definitely move SL to BE maybe even take some profits.