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gbp jpy

http://pcm-fx.com/forums/forumdisplay.php/38-English-Forums

The price is moving inside a bullish equivalent channel on the H4 TF. A reversal will be on sight if the Ab=cd harmonic pattern is formed and its time is fulfilled. We are expecting to have the price dropped to the lower channel line by having the supply pressure in the market.

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eur usd

http://pcm-fx.com/forums/forumdisplay.php/91-Analysis-By-Our-Specialist

On the H4 TF, in the conversion level area we are observing an Invab=cd harmonic pattern while having a negative divergence formed. Based on the slow correction move till Feb 28th its time will be fulfilled and if the supply persists as well, we will be awaiting a drop by the price.

1392492635591.gif

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