Mennzz

July 29, 2014 | USDJPY | Pre-August Outlook!

FX:USDJPY   U.S. Dollar/Japanese Yen
164 2 2
Further upside with a bearish retracement beginning around 102.52, followed by a harmonic move from 101.62 and finishing around 103.08. Be alert and stay cautious! :D

Is there a name for this type of pattern you drew?
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Mennzz kakola
You mean the trend-lines? Nah. But It's more like a harmonic continuation pattern. :D

http://forexswingprofit.com/wp-content/uploads/2011/04/elliot_wave_koreksi_abc_trend_sell.png
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