FX:NZDJPY   New Zealand Dollar / Japanese Yen
550 3 58
The NZDJPY             is in a daily corrective trend ,we are now in C wave ,which could be an "abc" 3wave or a "wxyxz" 5wave
If it's a 5 wave up i'm looking to buy the Z wave of the C wave.I will wait for confirmation of an impulse up and then buy on a lower degree correction.
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+1 Reply
it bounced on the red trendline, near the 0.786 retracement
+1 Reply
I think we'll see quite the opposite, thats how I see it
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