Harmonic formations have been proving to be very profitable on the USDCAD and USDJPY these last few weeks.
On screen we have the current completion of a potential Gartley Pattern (Blue); which could go down to the completion of a Cypher Pattern (Yellow). If these two patterns become invalidated, we could also have the completion of a bearish Cypher above the previously mentioned formations.
I will follow the market closely and post updates on targets and stops.
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Gartley pattern has already reached targets. Now waiting for the completion of the Cypher.
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