On the NZD.JPY 1h chart we have a potential short opportunity at the D leg completion of a Bat Setup.
The price reversal zone on this pair is between 75.233 & 75.396 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat Setup placed at the .382% and .618% retracement of the A to D move. There is also opportunity to look for extended targets at around 74.00 even. Stop loss would be placed above X leg structure resistance.