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Ifeanyichukwuxx

NZDJPY LAST WAVE DROP

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Ifeanyichukwuxx  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Wave Analysis Fundamental Analysis waves elliotwaveanalysis wavecount Technical Analysis fundamental-analysis wavesanalysis indicators technicalindicators
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3
trendanalysis waveanalysis fundamental waves elliotwaveanalysis wavecount technicalanalysis fundamental-analysis wavesanalysis indicators technicalindicators
NZDJPY has been bearish since early July but started the trend with a possible leading diagonal which comprises of 5 waves and 3 sub-waves to it. Considering the diagram above, we are done with the waves 1, 2, 3, and 4 going for the completion of the last wave (wave 5). Wave A and B are done and price also going for wave C after which we can witness a big correction.

For now, lets see ow it plays out with a target of 410 pips from breakout.

WAVE 1 = 5 WAVES
WAVE 2 = 3 WAVES
WAVE 3 = 5 WAVES
WAVE 4 = 3 WAVES
WAVE 5 = 5 WAVES
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