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TheForexSamurai

H4 - A trade opportunity to short/sell when...

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TheForexSamurai Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Harmonic Patterns Trend Analysis
5
0
harmonicpatterns trendanalysis
I got a potential short/sell trade opportunity coming right here, with a double top setup on a possible and unideal bear Bat setup as market did react on the 88.6% retracement of the recent market leg down. Will wait to short on a possible 2618 trade setup, if market will break and close below the double top neckline and gives us a relief. Trade with care and good luck!
Comment:
2618 short/sell setup is already invalid but a CRT can be observed right here. Will we hit TP 1?
Comment:
Just a reaction on TP 1 as we taken some of the profits at that level.
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