BRACKETING THE EUR/JPY
Recently I've done a brief analysis on Euro-Yen 1H and find two potential harmonic pattern completions that kind of bracketing the market direction. So whether the market goes up or down, I would highly likely gonna be Involved.
Here are those patterns, as you can see on the chart :
1. Bullish Cypher Pattern (Yellow)
2. Bearish Gartley Pattern (Blue)
Notice that I said highly likely not 100% I'm gonna be involved. Why? Because there is still a possibility when Price invalidate my Gartley Pattern (goes below the A points) and then goes up to invalidate my Cypher (Closed above the 1.414 X-A Fib. Ext.).
Anyway guys. Hope this on helps you in planning your trades.
Here are those patterns, as you can see on the chart :
1. Bullish Cypher Pattern (Yellow)
2. Bearish Gartley Pattern (Blue)
Notice that I said highly likely not 100% I'm gonna be involved. Why? Because there is still a possibility when Price invalidate my Gartley Pattern (goes below the A points) and then goes up to invalidate my Cypher (Closed above the 1.414 X-A Fib. Ext.).
Anyway guys. Hope this on helps you in planning your trades.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.