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proptrading
Dec 8, 2015 10:20 AM

Possible Harmonic Completion @ 61.8% Fib, Waiting For Validation Long

U.S. Dollar/Japanese YenFXCM

Description

Elliot Wave Combined, 5th wave completion @ 61.8 Level

If the completion takes effect, then look for a TP @ 0.127 Fib Level

Being Conservative HERE! 3:1 / 2.5 Odds of Return..

Will update MACD / STOCH / RSI (7) results, AS of now there is HIDDEN DIVERGENCE and a POSSIBLE retracement to the 236 retracement.

Be Wise, and all the best in your trading!

CharlieFX

Comment

@Manijeh.kazemi.33 You may like this one!

Order cancelled

After the wait, pattern was NOT complete!

I did not take this trade.
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