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Nemo75

LONG opportunity on whipsawing UJ H4

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Nemo75 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Harmonic Patterns
0
0
harmonicpatterns
UJ is going nowhere since May, just zigzagging.
BULLISH opportunity. See chart for details and as always: Once price reaches the entry zone let the priceaction show you the best moment to entry. Do NOT enter blindfolded at 88.6 retracement, since there is a long bearish candle forming currently, signalling a lot of bearish momentum.
Happy pips to anybody.
Comment:
Still waiting for a confirmation candle on H4 timeframe.
Importance of patience and "listening" to what the price tells and shows you instead of relying only to indicators.
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