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RCP
Aug 5, 2015 12:34 PM

USDJPY: 2 potential harmonic patterns Long

U.S. Dollar/Japanese YenFXCM

Description

FX:USDJPY

We have 2 nice Harmonic patterns here.
1. Bullish cypher (dark blue) completion @123.70 with appr. 1/1 R/R
2. Bullish gartley (light blue) completion @123.21 with better, appr. 1/1.5 R.R

Its up to you and your trading plan which one you get in.

Wish you a good trading day.
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