Zeheart

Potential Bearish Crab Pattern

Long
FX:GBPJPY   Livre sterling / Yen japonais
1
On the Weekly Chart, seems like the Price still in strong up trending... The circle Pin Bar may give sign to further upward move. By looking at Harmonic Pattern, I have determine Potential Reversal Zone which i highlighted in Yellow Box..

The idea looking at the Harmonic is to Long now to hit to the target Reversal Zone an Short once the pattern complete. Short will only take place when the pattern deem to be valid.

By Looking at Daily Chart at the same time.. it does still showing strong up move.. let's wait and see how this things turns out next week. =)

Cheers!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.