Short entry on the AUD/JPY 1hr chart

Updated
We have recently broken below the neckline of the head & shoulders pattern and are now retracing back up in to structure of the right shoulder.

Entry was at 87.25
Stops are at 87.65
Target 1 is at 86.47
Target 2 is at 85.40
Trade active
Note
Target 1 hit for + 77 pips

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