What Next for the Usd/Jpy?

Hey Traders, here is an update on the Usd/Jpy. As you can see I’m very long and looking for higher levels. I’ve posted a Daily chart to give you an idea of the room it has to the upside. That being said I’m also posting a 4hr chart with areas I’ll be watching for possible short opportunities to develop. As you can see there is Harmonic pattern analysis combined with other pattern analysis with solid structure involved. All in all with Japan’s commitment to print and Target inflation I will continue to identify opportunities to get long over the medium to long term at what I feel will be discount prices. However, I will also take opportunities if the behavior […]
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Nzd/Usd 1 Hr Chart Harmonic Paradise

Hey Traders, this is what I like to call a Harmonic paradise. This pair is trading beautifully right now respecting Harmonic and Fibonacci levels almost to the pip. I got involved with this second entry earlier today and watching some of these new developments. Targets 1 and 2 are attained on second entry marked by the yellow lines. I will also continue to allow entry 1 to play out for next target unless behavior and new developments tell me otherwise. As expected the RBNZ raised interest rates slightly and we get ourselves a pleasant move to the upside. Time will tell how long the Kiwi Dollar can continue to drink the Kool-aid at these levels or higher Enjoy, have fun, […]
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Nzd/Usd 3 drives Pattern

Hey Traders, here is an example of a trade we took last week. Target 2 was attained and I promised a video on this wonderful Harmonic pattern, The 3 drives pattern is based on the Elliot wave theory combined with Harmonic theory, and could be one of the most powerful patterns today when criteria is met. This a unique opportunity to make bank as we are still in the trade looking for target 3. Here is a look at how we determine the sell zone. Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! BTW if you like it click the thumbs up button and let me know. […]
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