NZDJPY 240 corrective UPTREND

FX:NZDJPY   New Zealand Dollar / Japanese Yen
The NZDJPY is in a corrective uptrend we have complete one leg" W wave" and we are now in a "Y wave" which has 3 lower degree waves waves in it (could still make 5) If this down moves (now happening)comes to the red trend line and bounce then I would count it as an X wave and will be buying" Z wave". If it breaks the up trend,then the correction is a 3 wave WXY(yellow) pattern.I will look to sell if trend is broken.
complex buy setup
+1 Reply
has it ended the up trend, and turning south?
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Share your views agree or disagree! like and comment .
+5 Reply
great analysis
anilmangal devpat2142
Thanks Devpat2142
+5 Reply
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