Akil_Stokes
Short

USDJPY: Clean harmonics Into A potential Structure Short

FX:USDJPY   U.S. Dollar/Japanese Yen
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. https://goo.gl/Afk5sG

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

Akil Stokes
Chief Currency Analyst at http://www.TradeEmpowered.com

Youtube: https://goo.gl/Afk5sG
Twitter/Periscope/Stocktwits/Instgram: @AkilStokesRTM
FaceBook: Search Akil Stokes Trade Empowered.
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

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You were all over that one like a pimp who's bitch owes him that money.
+2 Reply
Akil_Stokes PRO BennyManieri
Out of all my years trading that's the first time I'm heard that comparison. Well done
+1 Reply
Great lookout Akil Seeing how things have changed a potential ABCD wouldnt hurt.
+1 Reply
Thanks Lenny
Reply
It's setting up perfect for us
Reply
My eyes are on the near term 2618 sell on the 60min T.F
+2 Reply
Akil_Stokes PRO Siyabonga_Ngcobo
Awesome Siyabonga, bets of luck with it
Reply
snapshot


Can i consider this to be a cypher patter with a possible TP target of 121.008 ?!
+4 Reply
You're going to hate this answer but only your eyes can answer that question for you
+1 Reply
krock84 Akil_Stokes
ummmmmmmmm ok
+1 Reply
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