Good morning team,
Please check telegram for the fundamental update. We reentered NZDJPY this morning, unfortunately the stop was hit by 2-3 pips but the setup is still valid.
I am also adding a position on the AUDJPY.
Head and shoulders formation followed by a bear flag breakout. We are expecting a break of the neck line in the near future.
Trade setup: SELL Market execution, current price 74.65, stop loss 75.71 and take profit 73.25.
Stop loss: 106 pips
Take profit: 140 pips