may give us a nother good entry to buy USDJPY
from the low.
Pattern's Logic is simple:
If you want to long, buy the low.
if you want to short, sell the high.
so let's wathch the 100.56-100.60 area.
If you are new to , please
do not take this idea as a short idea.
we trade after the D, not the CD leg.
Plan your trade, Trade your plan.
I am glad that my SPX500 idea was one of the
most agreed ideas for the past month.
I will keep publishing ideas here and hopefully more
and more people could realize how important
that trading logic is before you really risk your
AB=CD also completed
First Target Hit
QQ Group: 609224828
In this case it is not, but at the 50% Level of the proposed D completion, there is a HSI trigger trade as Scott explains in the Harmonic Trader VOL2
There is a little more too it obviously, but essentially there is a correct trade for a portion on the C-D leg, just not in this case.
Thanks for your ideas.
Thank you for continually posting your so much professional trading idea's Charts and personal discoveries .
Harmonically i have identified the following points of interest to my thinking as as you can see on my chart i have 3 prices of interest .
1, There is a potential Wolfe Wave within the White Wedge Channel that interests me the most and thinking the price should go to Point 5 before any decline .
2, Then is the Wolfe Wave is True then according to the Wolfe Wave rule of off-set 1-4 Line would be my preferred Target .
3, I have highlighted the Pin Bar looking to the left as a point of interest with the fact that there is a Possibility of a 3 Drives Harmonic Pattern that could just as well become a Double Bottom .