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Carlos_LL
Jun 9, 2016 2:51 PM

BUTTERFLY PATTERN FINISH ON EURJPY 1H Long

Euro Fx/Japanese YenFXCM

Description

Bullish Butterfly pattern finishing on 1H EURJPY. 1.27 extension on previous structure favors long entry with RSI on oversold. Previous structure support provides good target for TP1. Price action loosing steam approaching 1.27 AB Ext providing a nice PRZ.
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