NZDJPY SELL NOW (REVERSAL) OVEREXTENDED

NZDJPY is Defintely Overextended, both medium and short t-erm.

5 waves completed both on the larger picture and the sub waves.

15M:
Head & Shoulders:

Entry:
Sell on the break, which already occured.

1H: Candlesticks are also suggesting a reversal.

Transaction en cours:

SL at right shoulder on 15M

Commentaire:

Heavy in the profit, nearly 1:4.
Definitely move SL to BE maybe even take some profits.

Trade fermée: cible de profit atteinte