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

Kommentar:

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.

Kommentar:

Update: Structure has made a larger 3 wave correction. Same target and direction as before.