JeevanKapaganti

Multiple Harmonics in a USDJPY parallel channel

FX:USDJPY   U.S. Dollar/Japanese Yen
My trade plan says not to enter here as the pattern took very long time to complete.
But, I might still consider as it is ranging in a parallel channel. All previous harmonic patterns on this pair were very successful.

Keep an eye on the channel. Break out of the channel with a higher close invalidates the pattern.

Good luck trading it.

Regards,

JK.
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