NZDJPY Wave 5 Completion Sell-Off

The NZDJPY on the 1-hour timeframe we have an impulse move on the downside direction. There is a base channel technique that can be incorporated to predict the end of the 4th wave pullback. The downside has more confluence on the 4th wave phase ( wave 4 touched the 38,2 fibonacci level and the base channel ).
Elliott WaveForexftmoictNZDJPYSMCswingtradingtradingviewXAUUSD

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