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augustine4777

Harmonics vs Trend

Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
augustine4777  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
Here on CADJPY I have a trend suggesting it's bearish.

Downtrend
- That can be seen on the Weekly and Daily and on the 4HR charts.
-The SMI (Stochastic Momentum Index) sees a down move.
-Market broke out of the range and force down.
Opportunity to continue with my friend, TREND.

Harmonics
- Stochastic is oversold
- A Gartley pattern is formed and a great opportunity to buy with great R:R

Any help on the Analysis would be appreciated.
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