NZD/USD 4H
Long or Short: SHORT
Entry Point: around .8035 (as long as below .8050)
Stop Loss: .8135
Profit Target/s: .7835
Reward-to-risk Ratio: exactly 2:1
Risk percentage: 1%
Trade rationale: playing the break of what looks like a head and shoulders pattern. also noticed lower highs on nzd/usd, which looks like the start of a new downtrend
Trade adjustments: i wont enter the trade until i see a convincing close below .8050.