NZDJPY Looking for "C" or "Y" to complete for wave X) and then Z) in 3 waves or ending diagonal to reach 84 zone.
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MARKET COMMENTARY:
1. Currently we are in the final "C" wave or "Y" wave yet to complete as a running flat i am thinking but may be a expanded too.
2. If it is a running flat it will get rejection before 75.63 and it wont break, if it is a expanded flat it will do and then bounce.
3. Once the bounce is confirmed i am expecting wave Z) may be a ending diagonal or a,b,c in 3 wave structure to reach 84.
4. Same pattern found in AUDJPY too. That also in WXYXZ pattern and we are in "Y" wave now yet to complete.
DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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