New Zealand Dollar / Japanese Yen
Short
Updated

Head and Shoulders

26
We have now violated structure putting in an ISL (initial structure low) an indication of trend reversal. We are now pulling back into the outside return, if we get a lower low lower close candle I will short the market with stops 1ATR above the outside return. Targets are an AB=CD pattern coming into structure.
Trade closed: target reached
34 pips banked

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