wve_alro7
Long

HARMOINC CYPHER PATTERN

FX:EURJPY   Euro / Japanese Yen
97 4 0
(^_
This pattern looks like a better candidate to be a bullish shark.

C-point is a nice 1.272 external retracement of AB.

The support cluster at 0.786 is also not as strong as the one at 0.886.

will give a much better reward:risk ratio with completion at 0.886 XC.

Let's see if it drops to this level :).
Reply
Yes, it is expected that price levels rebound from then
Fun watching
Reply
Damn !!!!
I wish my strict rules allowed me to trade this pattern. I'd really like to flush out
what the EurJpy is doing. But, the B to C leg comes up 30 pips or so short
of the 1.272 extension of X to A and I've had nothing but disappoint with
set ups that never at least, "tap" the 1.272
Good luck to you however !!!!!!!!!!
Reply
wve_alro7 dojitrader
Good luck to us, I expect it's a good opportunity to buy controversial
Reply
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