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GBPJPY Harmonic Patterns Trade Plan March 27th

GBPJPY Harmonic Patterns Trade Plan March 27th

Published: 03-27-2018

Our GBPJPY trade plan worked as predicted and we have generated nice profits by following our harmonic patterns.

As we have published before, we have a Bearish Bat completed ad 150.400.

GBPJPY Bearish Bat and Short Opprtunity

However, the retracement seems to be limited  – 150.000 and 149.800 –

After this retracement, we predict the price test 151.200 – 151.400 and complete Bearish Butterfly pattern.

So our trade plan will be following the Bearish Crab pattern which is running. And add Long Positions targeting 151.200 – 151.400 region

Trade plan will be updated for premium members.

KEEP YOUR RISK – STOP LOSS – MAXIMUM 1% OF YOUR ACCOUNT SIZE.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

 

 

 

GBPJPY Harmonic Patterns: Involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

 

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