potential harmonic pattern in JPY
Here, I would like to share the pattern I found in JPY. If these patterns come ture, JPY won't be so strong in the few weeks.
EUR/JPY a cypher pattern: B is 38.25 retracement of XA and C is 1.272 times of AB, which is fit for cypher pattern. Also the price jumps after touched 78.6% XA---129.466. the pattern is formed
GBP/JPY forms a shark pattern. B is near 152.612( 38.2% of XA) , C is near 156.600( 1.13times of AB) D is near 145.861, which is near 1.13times of XC and 2.24 times of BC. take care of the price action around 146
CHF/JPY NZD/JPY AUD/JPY all come to the marjor support since 2017. What will happen ? let wait
wait and good luck
EUR/JPY a cypher pattern: B is 38.25 retracement of XA and C is 1.272 times of AB, which is fit for cypher pattern. Also the price jumps after touched 78.6% XA---129.466. the pattern is formed
GBP/JPY forms a shark pattern. B is near 152.612( 38.2% of XA) , C is near 156.600( 1.13times of AB) D is near 145.861, which is near 1.13times of XC and 2.24 times of BC. take care of the price action around 146
CHF/JPY NZD/JPY AUD/JPY all come to the marjor support since 2017. What will happen ? let wait
wait and good luck
Trade active
EUR/JPY active alreadyNote
AUD/JPYactive
Trade closed: target reached
AUD/JPY position closed!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.