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mulinlou24
Jan 2, 2016 5:02 PM

Possible Long Position on the USDJPY 4H  Long

U.S. Dollar/Japanese YenFXCM

Description

Looking at my ABCD harmonic pattern, i believe a possible Long position may occur.I will make sure to place my entries after the pattern itself has completed to allow for the right entry and the stop I would place below the entry according to your own risk management.

As a beginner I would appreciate any help and guidance on the chart, just leave a comment, thank you.

Trade closed: stop reached

Comment

If it retraces back I might re-enter the trade on the 120.100 area
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