Taking short on the NZD/JPY

As you can see price has rejected the monthly time frame and is on a descrying channel towards the downside.
If we go onto the 4 hourly we can see that this rejection is a head and shoulder pattern forming.
So we trade once its crossed the neckline and we see a bearish engulfing candle.

Quite new to trading so feel free to comment

Note

*bearish englufing candle

any comments will be appreciated

ab21

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ab21