NZD/JPY - Falling Wedge Pattern on Daily (SHORT POSITION)

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Good day traders,

As you can clearly see, NZD/JPY Is in a Falling wedge .
I dont care what other people say about this pair, I trade what I see, What I see is a bearish movement and a high probability trade.

As you can see I took a position at 74.4 and Moved my S/L to Entry Price, so I can't lose anything only win ;)

  • T/P at 72.6 +180pips Target

  • We will see a small correction around 73.8 - 73.6 back to 74.100 - 74.250

  • After this moving lower and lower

Comment: Almost hitted T/P = 200 Pips
Trade closed: target reached
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