RaynLim

USDJPY-Weekly Market Analysis-Oct21,Wk1

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
A Bearish Deep Crab Pattern is an extended setup and sometimes it doesn't give confidence for traders to look for a shorting opportunity.

However, if you look left, the completion of the Point D of the Deep Crab Pattern comes in line with the precious resistance left. May gain some confidence for the Harmonic Patterns Trader and it may encourage the structure-base traders to look to join in for a shorting opportunity.

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