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PlutusX

EURJPY Harmonic AB=CD Pattern Analysis and Strategy

Short
Euro / Japanese Yen (FX:EURJPY)  
PlutusX  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns AB=CD EURJPY eurjpyshort eurjpyanalysis fx mam fxtrading
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trendanalysis harmonicpatterns abcdpattern eurjpy eurjpyshort eurjpyanalysis fx mam fxtrading
We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has also reached a major resistance zone at the completion of this pattern. We are currently short and our strategy is valid as long as price closes below the yellow resistance zone. For this strategy we are targeting the green zones. EURJPY
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