Etheberge
Long

USDJPY ABCD Pattern

FX:USDJPY   U.S. Dollar/Japanese Yen
FX:USDJPY            

USDJPY             is forming a potential ABCD pattern on the 1H chart with completion at the main 2014 Daily S/R level . Potential Reversal Zone formed by the 1:1 ABCD completion and the 2.0 extension of the BC             leg.

Will be looking to buy at the PRZ in anticipation of a bounce back to the .382 and . 618 retracement of AD.
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