The
NZDJPY
pair, in the monthly or weekly time frame, you can see that price is forming a possible head and shoulders. The pattern will completed after a breakdown and close below the neck of the pattern (74.00).
The trading plan, will be to wait the break and close below the neck, then see a pullback to the same level, and in the level see a reversal A+ sign to sell, with target at 60.
The trading plan, will be to wait the break and close below the neck, then see a pullback to the same level, and in the level see a reversal A+ sign to sell, with target at 60.