JPN 225 Daly Bat Pattern completed in a Big Tri-Angle
JPN 225 complete one BAT
at 16890 in Sept, 2015.
Now another BAT just formed at 17234
The totla foot print of this index is
froming a Tri-angle, which harmonic patterns
can be found very frequently.
if you realize, there's ton's of harmonic patterns
in USDJPY movement and all those patterns
are usually in a Tri-angle formation.
Price action also shows some positiveness.
Long JPN 225 AT 17300 LEVEL
SL: 16770
TP: 18900 (which is both the 0.618 level and
and Tri-angle edge.
at 16890 in Sept, 2015.
Now another BAT just formed at 17234
The totla foot print of this index is
froming a Tri-angle, which harmonic patterns
can be found very frequently.
if you realize, there's ton's of harmonic patterns
in USDJPY movement and all those patterns
are usually in a Tri-angle formation.
Price action also shows some positiveness.
Long JPN 225 AT 17300 LEVEL
SL: 16770
TP: 18900 (which is both the 0.618 level and
and Tri-angle edge.
Comment:
Nice reversal.