USDJPY Harmonic pattern
BEARISH REVERSALS
Direction
Bearish.
Trigger
USDJPY SELL SETUP
- UJ is retesting structure support
- Price is building in a harmonic structure
- Price filled imb
- Structure predilection is pushing down
- We can expect the market to drop in order to complete the last leg of crab & gatley
- Sentiment - negative
- Momentum (bearish)
- Plan is to go Short on UJ
- Take the trade when your rules are fulfilled
A BEARISH MOVE is probable in this market.
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.