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Advance setup: the S&R at the PRZ of the Bear Bat today

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Siyabonga_Ngcobo  
FX:USDJPY   U.S. Dollar / Japanese Yen
Harmonic Patterns
1
0
harmonicpatterns
As the week progresses we have identified and aggressive c at 116.29 level and the way the yen is moving we could see a tern at the PRZ in line with the current bear trend that is underway. This is a good example of the Stop and reverse setup which when used with discretion is powerful to add to your trading plan.

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