This is not my typical trade setup but I received a request to take a look at CHFJPY
and discovered a nice long opportunity in the process. Price action is showing respect for the .886AB level and has completed a potential C point in a series of harmonic pattern
setups. With missed monthly and weekly pivots
above price, I would not be surprised if price extends to the crab
level which would open up a great short opportunity. To trade this conservatively, a stop is placed below C and observe price action for reversal signals at the bat completion level.
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