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TempyRT

Potential H&S Formation on the AUD/JPY daily and 4H charts

Panjang
Dolar Australia / Yen Jepun (FX_IDC:AUDJPY)  
TempyRT  
FX_IDC:AUDJPY   Dolar Australia / Yen Jepun
Chart Patterns AUDJPY aud jpy audlong
2
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chartpattern audjpy aud jpy audlong
After a sharp decline in the AUD it looks like it potentially has found a previous SR Zone and formed a great looking head and shoulders formation, right shoulder has been set, will it go on to complete the formation?
Stop loss would be below the right shoulder 79.72 with overall target at 81.76 for approximately 159 pips

What do you think are the odds of it playing out?

Not trade advice and my ramblings only
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