Nicemate
Short

SHORT ON USDJPY on the potential completion of bearish harmonic

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
47 0 2
The FX_IDC:USDJPY             pair has retraced after hitting the long term trend line . The pair seems to be forming a bearish harmonic pattern , at the moment. If we are right, price will go and retest trend line and the main resistance area , in which case we can take short position with an excellent risk reward ratio.
Suggested entry: 106.951
Suggested SL: 107.2
TP: 104.290
R/R: 4.6
Trade with care.
Comment:
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Comment: View on the Daily timeframe:

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Comment: SELL AREA AND STOP LOSS
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Comment:
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Comment:
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Comment: Sell the pullback only if 1Hr timeframe closes below triangle break and wait for pullback always on the 1hr timeframe.
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