AB = CD on EUR JPY Hourly. Perfect Symmetry. Look for further evidence of reversal beyond 23.6% fib level from the A to D points and go long. Place stop loss right below 23.6% Fib
Look for reversal confirmation around 2700 which was prior resistance and Reversal Zone of a prior harmonic pattern which retraced nearly 500 PIPS. If price moves beyond the PRZ go long as the trend is likely to continue
2 Trading opportunities:
1. Trade the short down to the PRZ following a bearish confirmation
2. Trade the PRZ long following bullish confirmation of a reversal