USDJPY Harmonics Everywhere!!

17 Agu 2016

This pair has presented so many setups across just about every time frame this week! ABCD pattern completions, head and shoulders, flags you name it. I see another possible ABCD completion here at structure, my 7 period RSI is oversold and we're up against resistance as well, so a slight (or major) rally may come soon. Still waiting on more confirmation from price action though. Perhaps news from the FOMC will create some extra volatility as well. Nevertheless, plan your trade, and trade your plan!