NZDJPY DAILY/WEEKLY TRADE (SELL)
Updated
The grand bearish wave 
NZDJPY is forming on DAILY/WEEKLY time frame. Fibo fan is indicating the possible future location of point V . Being a long-term project, it'll take significant time to reach its goals, but if reached, they're definitely worth* it :-)
This idea was largely inspired by beauty and simplicity of Tradewonk's analysis:
Good luck and profitable trading!
NZDJPY is forming on DAILY/WEEKLY time frame. Fibo fan is indicating the possible future location of point V . Being a long-term project, it'll take significant time to reach its goals, but if reached, they're definitely worth* it :-)This idea was largely inspired by beauty and simplicity of Tradewonk's analysis:
Good luck and profitable trading!
Comment
After touching point V, the price descended to new lows and is currently on its way to test line II-IV.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.