NZDJPY SHORT THE HEAD AND SHOULDER PATTERN

Hi traders:

Another quick opportunity on the over extended bullish run of NZD pairs. Here we have a 1 hr Head and Shoulder pattern developing on NZDJPY. As the daily chart is hitting resistance and over extended, I am looking for a pullback targeting the 38.20% fib level.

TP 1:
TP 2:

Thank you for your support and feedback.

Commento:

Here is the daily chart:

Trade chiuso: stop raggiunto