RaynLim

USDJPY-Weekly Market Analysis-May20,Wk3

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
This is the fourth consecutive harmonic patterns and previous 3 patterns are all winners, namely the shark pattern, butterfly pattern, crab pattern and now the Gartley pattern. It's amazing how this was setup.

Always remember, consolidation breeds harmonic patterns. If the Gartley pattern forms before 18 May 9am(+3GMT) this setup will be invalid.

Lots of traders using harmonic patterns but many had done it wrong, just take note.


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