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Intelligent Trading Academy - FX FTM H4 SELL AUDJPY

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
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FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
We see the widely followed Head & Shoulders pattern formation. A short is preferable as prices close below neckline support level 88.627.

Adding confluence is that prices remain below the 200 day ema with bearish momentum.
Trade closed manually:
Banked a small profit
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