Dear Traders
We have found quite big trend reversal opportunity from EURJPY. Where all the time frame alined together and giving the signal for potenial trend reversal for bullish market using our harmonic pattern plus.
Carefully watch things below this weekend and next week.
1. Daily time frame still have not confirmed yet but waiting until daily timeframe might give you too late enterance. (note that normally you will need one confirmation candle.)
2. Watch out the breakout of bollinger band middle line and upper line for H1 time frame and H4 time frame. (you are not the only one but there can be a lot of people watching this level already.)
3. Your pattern completion interval give you about 70 pips as your one side risk (currently pattern completion interval reading 140.1 pips from my chart.). Risking 70 pips, you have virually opporunty to gain around 170 pips (0.236 DC level ) to 250 pips (0.386 DC level).
People with Harmonic Pattern Scenario planner may futher perform their scenario check to see if there are any other hidden pattern can be formed in the future. I will omit this check here cause I don't want confuse starters.
Kind regards.
We have found quite big trend reversal opportunity from EURJPY. Where all the time frame alined together and giving the signal for potenial trend reversal for bullish market using our harmonic pattern plus.
Carefully watch things below this weekend and next week.
1. Daily time frame still have not confirmed yet but waiting until daily timeframe might give you too late enterance. (note that normally you will need one confirmation candle.)
2. Watch out the breakout of bollinger band middle line and upper line for H1 time frame and H4 time frame. (you are not the only one but there can be a lot of people watching this level already.)
3. Your pattern completion interval give you about 70 pips as your one side risk (currently pattern completion interval reading 140.1 pips from my chart.). Risking 70 pips, you have virually opporunty to gain around 170 pips (0.236 DC level ) to 250 pips (0.386 DC level).
People with Harmonic Pattern Scenario planner may futher perform their scenario check to see if there are any other hidden pattern can be formed in the future. I will omit this check here cause I don't want confuse starters.
Kind regards.