audjpy potential short ??

Looking here at the hour and 30 minute time frame we're can see a nice head and shoulders formation that was created and price broke structure

-- then it came back to fill the imbalance and now we are seeing rejection , if price breaks back below the neck line, i will be entering a short/sell at that area as shown on the chart!


Information is shared for educational and demo purposes only!

disclaimer - trading is risky and one can loose their account balance with incorrect risk management!

Comment:

Trade running +40 pips in profit im going to secure 75% here at 1/1 risk/reward

Trade closed: target reached