nirav5

Potential Bearish harmonic setup on USDJPY day chart

FX:USDJPY   U.S. Dollar / Japanese Yen
2
Currently D leg is in the making. One can short only after confirming the valid end of the D leg of the harmonic pattern (perhaps Bearish Butterfly ). Current down move can get halt near 102.5 zone and need to check if it move towards upside.
If Bearish butterfly is in the making it will surpass 107 level.
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