Bl4ckmonday161

back to 77.300-77.400 and then go short

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
This is bearish momentum caused by III corrections in cycle level.
A long TP I'm aiming for is 74.435 which is 50% retracement in IV.
Ideally, wait for the price to retrace back to 77.300-77.400 and then go short from there
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.