glennmercer
Short

GBPJPY SHORT: 3 Harmonic Patterns + Wolfe Wave + Pivots

FX:GBPJPY   British Pound/Japanese Yen
GBPAUD             may potentially complete 3 bearish advanced patterns which would all be confluent with a bearish Wolfe Wave setup. To add to the bearish bias, an unhit weekly pivot sits below price. This provides for a nice target since it coincides with .618CD. SL is placed above X.

KILL ZONE CONFLUENCE:
  • Bearish cypher pattern completion
  • 2.24AB=CD ( cypher )
  • 1.618BC projection ( cypher )
  • Bearish bat pattern completion
  • 1.272AB=CD (bat)
  • 1.618BC projection (bat)
  • Bearish crab pattern completion
  • 1.618AB=CD ( crab )
  • 2.382BC projection ( crab )
  • Bearish Wolfe Wave setup
  • Unhit weekly pivot below price

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Hiisham
a year ago
Very nice
+1 Reply
glennmercer PRO Hiisham
a year ago
Thank you sir, time will tell
Reply
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