FullTimeTrader
Short

EURJPY-perfect bearish butterfly near completion

FX:EURJPY   Euro Fx/Japanese Yen
588 3 6
Im re-evaluating my bias about this pair.
Here we see a bearish butterfly that could work well.

My new wave count on H4 chart support this bias:
snapshot


Good R/R ratio.

Regards.
waqassab
a year ago
Very nice setup Sir, according to this setup, should we place sell limit order @ 1.3760, or we can enter short now?
Reply
FullTimeTrader
a year ago
Its always better to be patient and wait for our ideal setup and plan. If price does not reach that level the butterfly pattern does not exist. Regards.
Reply
waqassab FullTimeTrader
a year ago
right sir...

Reply
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