USDJPY: Harmonic Pattern completion - 4H timeframe

7 Haz 2017

It appears that this harmonic pattern has just completed on the 4H timeframe.

8 Haz 2017

Not

I suppose I should've mentioned/posted targets. While I did not state a specific target, the blue line was it. This is right at around the "B" point of the pattern. If you were able to get in at around the PRZ/"D" point, you would've realized around a 100 PIP profit. Wow - these patterns are amazing!

8 Haz 2017

Not

Of course, the opportunity for more upside exists. My initial target level (B) suits my comfort zone for now. I'm going to re-evaluate this pair however, and see what catches my eye next.