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FreeForexSignals4u
Jul 13, 2021 2:35 PM

Long USD/JPY 

U.S. Dollar/Japanese YenFXCM

Description

This will probably be ready tomorrow if it works out. I don't take harmonics from B to C as it is to difficult to get an accurate stop loss and/or a stop loss that will give the best risk reward. I will however take a Harmonic pattern early from C to D. As you can see from the left hand chart (1 hour) we are starting to form a nice bat or crab pattern if B stays at the 50%. On the right hand chart you can see the upside channel on the daily has been broken and retested. I will wait for the hourly chart to hit point C then buy it up to D then look to sell again.

Keep a look out for my entry levels when I take the trade if the pattern fills
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