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johneee3456
Jan 4, 2015 9:38 AM

Harmonic Pattern 

Canadian Dollar/Japanese YenFXCM

Description

On the CAD/JPY there is an alternate bat pattern that is close to forming on the 1 hour time frame. Price has been heading lower, if it does not reverse at the 1.13 fib. extension level then I would be looking for a move down to the 100.00 price level, which would be completing another much larger bat pattern on the larger time frames.
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