Just an idea I have of what to expect for USD/JPY. I'm not big on posting ideas here, but figured I would give it a shot to see what people think of this. Fibonacci confluence with some Andrews Pitchforks and 50 SMA.
I feel like the harmonic pattern is on the extreme end of acceptable ratios, but we will see if it follows through.
I feel like the harmonic pattern is on the extreme end of acceptable ratios, but we will see if it follows through.
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DIdn't think it would be falling this fast, but the trade is forming up nicely.