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NZDJPY Down Move Delayed

157
Hello Traders,

It looks like the bigger down move has been delayed because for now this price action is telling me that the last 123 was enough and it completed a corrective structure and was not an impulse to create a new low.
Now I am expecting further up movement to 69.690 / 70.821 range before any chance of reversal.


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Good luck
Not
This pair can surprise us and not make the up move we were expecting, especially if NU ends up dump soon.

Watch for the corrective flat to be finished (blue line).

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Not
Blue line is not the corrective flat. The down move that happened most recently was just to take stops out and now we are continuing for the original forecast above!

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.