NZDJPY - Held on support

We have seen a reversed head and shoulder pattern on the H4 time frame, a breakout and a test of the newly found support. Entered a trade on a lower time frame confirmation and will see where this one will go.

Trade ist aktiv:

Lifting stop losses at trade entries for a risk free trade.

Trade geschlossen: Ziel wurde erreicht:

A nice 6:1 ratio position. Perhaps I will enter again lower given the right conditions but for now it's a wrap!