Kiwi Yen Forecast

Currently making a correction on the daily timescale - looks like a simple ABC but of course it could become more complex.
This week look for completion of wave C and potential long trade to the top of the corrective structure (at least)

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

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On the 1H chart we have a possible short set up but we have no idea of how far down it will go. For this reason I will not trade it - wait for the turn and go long. I'll update this when I expect the long set up

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Watch for the breakout

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Sorry the above comment has been posted on the wrong chart