Multiple Harmonics in a USDJPY parallel channel
My trade plan says not to enter here as the pattern took very long time to complete.
But, I might still consider as it is ranging in a parallel channel. All previous harmonic patterns on this pair were very successful.
Keep an eye on the channel. Break out of the channel with a higher close invalidates the pattern.
Good luck trading it.
Regards,
JK.
But, I might still consider as it is ranging in a parallel channel. All previous harmonic patterns on this pair were very successful.
Keep an eye on the channel. Break out of the channel with a higher close invalidates the pattern.
Good luck trading it.
Regards,
JK.
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.