USDJPY – Elliott Wave & Harmonics Combo

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In this short video, Richard is combining Elliott Waves with Harmonics, in an attempt to share a potential bearish view on USDJPY.

The analysis is based on the four-hour USDJPY chart, and it presents findings from the period between 18th of October and today, 9th of November, 2018. During this phase, some potential reversal patterns could lead to a bearish sequence.

From an Elliott Wave point of view, the graph suggests a corrective structure, however, the prospect of a bearish cipher as a pattern is on the radar.

Many pips ahead!

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