FX:NZDJPY   New Zealand Dollar / Japanese Yen
42 4 3
as you can see nzdjpy             made an aggressive down impulse and last couple of weeks price has been correcting.

find your breakout in lower time frame and dont miss this one!
I had a similar view, a month back or so. I think 75 is an easy target, looking at how weak NZD is currently.
Nice setup Luis. I hope you can update it as it happens and then suggest a stop loss order too... and add-ons to the short position. Looks really good!
+1 Reply

thanks timwest. this is a possible structure. lets wait how it develop today. i will post an entry with a sl order.
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