bullish abcd pattern/structure/major trendline

25 Oca 2018

hello traders,
on usdjpy for the end of this week I want to offer you this nicely formed bullish harmonic abcd pattern.
as we see sharp sell of during last weeks I started to look foor entry zone of possible retracement.
looking left we see that 108.36 zone is very important structure level.
Moreover, market is finally in attempt to test the major trendline (so I recommend to set stops below this line).

Targets is based on B point.
Good luck!

25 Oca 2018

Not

Pattern is almost completed

26 Oca 2018

Not

T1 reached

27 Oca 2018

Not

hit the zone

29 Oca 2018

Not

one more bounce from the zone