Cohiba93

NZDJPY Looking for a Bearish Bounce-back (300 pips)

Short
Cohiba93 Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hey all, what we can see here on the NZDJPY pair is that it has been oversold to the point where it looks like it might be breaking out of the pitchfork pattern. As usual, I plan to play the odds - which in this case involves the pair diving back into the pitchfork formation.
Trade active
Trade closed: target reached:
All three targets have been hit for a gain of 300 pips!
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