Daniel.Dalo

USDJPY - Harmonics lead the way

FX:USDJPY   U.S. Dollar / Japanese Yen
After a very succesful Cypher pattern, I'm currently watching over two more patterns that are emerging, a bearish Gartley completing at 120.170 and a bullish Bat completing at 116.150.

If price falls and breaks the Bat pattern's B point, we could enter short in the market with targets at point D of completion. This method is known as BAMM (Bat Action Magnet Move), as specified in Carney's books.

Happy trading everyone!
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