USDJPY: Clean harmonics Into A potential Structure Short

In preparing for this mornings training on IPDE and Trend Continaution vs. Trend Following vs. Countertrend trading, I found a handful of potential good looking structure based trades on the Yen crosses.

In this particular example we have some beautiful harmonic movement (equal measured moves) heading into a resistance level. Thanks to that nasty wick at the top our killzone is a little bigger than what I would prefer, but that may not play a difference depending on what type of entry reason we get for this potential short.

I've got a video coming out later today on the EURUSD and possible how we can attack this trade as well so make sure you're subscribed to my channel. goo.gl/Afk5sG

Good luck this week traders and as always please LIKE, COMMENT & SHARE this post.

Akil Stokes
Chief Currency Analyst at www.TradeEmpowered.com

Youtube: goo.gl/Afk5sG
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Trade active:

Aussie Employment news out in 5 minutes, but with the risk reward that I just got on the trade it's more than worth taking a shot.

Comment:

Just make sure you give it breathing room