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.