New Zealand Dollar / Japanese Yen
Short
Updated

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

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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