NZDJPY H4 SHORT ENTRY!

H4 chart has formed a head and shoulder pattern and price has been slowly lossing bullish momentum, eyes on a CORRECTION after a strong push to the upside for the past few days. A break below EMA55 indicates a bearish signal.

Entry: 69.75
SL: 70.53
TP1: 68.97
TP2: 67.07

Hereby provide 2 TP, TP1 is short term TP while TP2 is long term TP. Please control your risk management properly.

It's not you versus the market, it's always you versus yourself.

Trade chiuso: obiettivo raggiunto:

TP1 HIT! Another set up has been uploaded and we will continue to look for short entry until price has broke the bearish rule.