GBP/JPY Short

2016年8月29日

This bearish has a B point might that make it invalid, however the candle does close below the .525 ratio so it could also be valid. There is also resistance at 135.7. The stop loss will above the X leg. Risk 100 pips for about 340 pips max for this pattern. Lets see how this plays out.

2016年9月5日

ノート

Looks like the B point has made it Unvalid because it need to be under .500. This example shows that harmonics must be precise for them to be valid