USD/JPY short for the next week or two

Just an idea I have of what to expect for USD/JPY. I'm not big on posting ideas here, but figured I would give it a shot to see what people think of this. Fibonacci confluence with some Andrews Pitchforks and 50 SMA.

I feel like the harmonic pattern is on the extreme end of acceptable ratios, but we will see if it follows through.

Komentar:

DIdn't think it would be falling this fast, but the trade is forming up nicely.