NZDJPY 1 Hour guide to Swing trading 4Hr setup
Wait for correction to complete and break through light blue line underneath flag and sell.
4hr view
4hr view
Yorum:
Update: Structure has made a larger 3 wave correction. Same target and direction as before.
Price is going a little deeper than expected, but I am still anticipating one more move up before a bigger move down. The 15 minute looks ready to turn around, but its not always reliable on such a low TF. Standby.
If the last move up never happens I will look be looking for a 1 hour correction before I enter any sells.