NZD/JPY 4HR breakdown SHORT Bios Market is in a downtrend from daily Also at a transition point on the daily so we might have a Uptrend Coming soon Sellers Markets= Sell Buyers Market = Buys
What is seen on the chart is a simple Head And shoulder Pattern formation Looking for shorts but Remember Market will do what it wants Looking for Entry Signals on the 15 min /5 min Chart Lets watch and see how the market Plays out.
Market should respect trend line Mostly Might get a small Spike here and there to take out small traders and tight stop loss Keep SL set at good Range above right shoulder & TP constantly Adjusted after 50 % down in profit.
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