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VasilyTrader
13 Şub 2019 13:33

almost completed bearish abcd pattern Satış

U.S. Dollar/Japanese YenFXCM

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hey traders,

I am back from vacation and ready to work:)
I have a nice trading opportunity for you on dollar yen pair.

First of all, look at a daily chart.
You see that the market is close to a significant level of structure.


Oh a 4hour chart we see a nice potential harmonic move,
the D point (top of the second green impulse) matches with this level.

However, when I trade abcd pattern I am always looking for confirmation signal before taking action.
I will be looking for a bearish violation of this rising trendline.
Only after the market breaks this level, I will sell!


My initial target will be just bit above 110.0

Good luck!

Yorum

Testing 111.0

Yorum

market is in a local consolidation

Yorum

market finally is going down
Yorumlar
bkgordon549ca
nice move strong move down, hopefully, will continue
VasilyTrader
bkgordon549ca
Thank you sir. Have the same idea, starting to build my short position now! nice chart. Good Luck!
VasilyTrader
@bkgordon549ca, good luck!)
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