Nzdjpysell
NZDJPY. Entrance to the Sell zone.Hello ladies and gentlemen.
The price is in the sell zone and it is already breaking through the resistance level.
The exit for this level will be temporary and the price will drop to the target.
Good luck to you.
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NZDJPY First Wave StretchesHello guys
We hadn't been for a while, but we came back strong
As we said before after completed wave 1 we need ABC and now we think we are completed wave 2 and ready to make the strongest wave of Elliott thats Wave 3 ( 3rd wave )
As you can see on chart we think we are making a first wave stretches and we have shortening the third and fifth waves
Active your stop loss wiht your own capital management and take profit
Good Luck
Abtin
NZDJPYNZDJPY
Multitimeframe analysis
1D
As we can see on 1Day chart market formed a nice double top pattern at the supply zone and price rejected from it nicely , we can expect to see a major drop in it.
4H
As we can see on 4Hour chart market got rejected from the demand zone , but at the same time market creating a lower low. so, we might see a price rejecting from a trendline in the near future.
1H
As we can see on 1Hour chart market created a Fresh Higher High by breaking the previous Lower high and also market breaked the previous trendline support level. We can expect it to rise till 4H trendline level.