JohnConaway
Short

Crab Retrace Potential (ABCD hit only)

FX:AUDJPY   Australian Dollar/Japanese Yen
Retrace levels in green, pother levels of potential support marked as well. Possibility of tagging 27.2 then going back up to complete pattern fully. Stay nimble
Comment: There are multiple ways to do this but the "safe" way to play this is to watch for a harmonic reaction around full completion to get short. Manage your risk through size is another option, too. Especially with CB's coming up to speak & some data. Risk Management first, stay nimble!

Related Ideas

A potential down trend after touching 80 level? What would be your TP on a SHORT position? thanks for sharing ur ideas John
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