NZD/JPY is displaying a potential head and shoulders pattern, indicating a possible trend reversal. The left shoulder, head, and right shoulder form successive peaks, with the head being the highest. A neckline connects the lows between the shoulders. If the price breaks below the neckline, it could signal a bearish move. Additionally, RSI divergence suggests weakening bullish momentum, supporting the bearish case. Furthermore, there is a possibility of an AB=CD pattern, indicating a potential target for the downward move. Traders should monitor the price closely for confirmation of the pattern and consider risk management strategies before making any trading decisions.