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PlutusX
Apr 18, 2019 1:32 AM

EURJPY Harmonic AB=CD Pattern Analysis and Strategy Short

Euro Fx/Japanese YenFXCM

Description

We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has also reached a major resistance zone at the completion of this pattern. We are currently short and our strategy is valid as long as price closes below the yellow resistance zone. For this strategy we are targeting the green zones. FX:EURJPY
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