NikaJourney

Will The Bearish Harmonic Be Respected?

FX:EURJPY   Euro / Japanese Yen
We got a strong bearish harmonic on the daily and a 2week+ consolidation that happened with this pair. I'm looking for a strong short to occur beginning this week once we break out of the consolidation zone. I'll be sitting in this trade for a while once it begins the nosedive after that.

Otherwise, price has the potential to make to the monthly level before it does a pullback retesting the large range. This will be a fun pair for the month of January.

Here is your starter TPS for this swing trade.

BEAR TPs:
• 125.981
• 125.598
• 125.124

BULL TPs:
• 127.011
• 217.233
• 128.038
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