USDJPY: Harmonic Pattern completion - 4H timeframe

Long

U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)

Updated

FX_IDC:USDJPY U.S. Dollar / Japanese Yen

It appears that this harmonic pattern has just completed on the 4H timeframe.

Comment:

I suppose I should've mentioned/posted targets. While I did not state a specific target, the blue line was it. This is right at around the "B" point of the pattern. If you were able to get in at around the PRZ/"D" point, you would've realized around a 100 PIP profit. Wow - these patterns are amazing!

Comment:

Of course, the opportunity for more upside exists. My initial target level (B) suits my comfort zone for now. I'm going to re-evaluate this pair however, and see what catches my eye next.

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