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Nov 15, 2016 11:12 AM

EURJPY - Bearish Butterfly Formation Short

FX:EURJPY240
Euro Fx/Japanese YenFXCM

Description

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Bearish Butterfly pattern on eurjpy.
Short at around 117.300 (point "D"). Great Risk/Rewards
SL = 118.000 (above 1.414 of XA)
TP1 = 115.600 (fibo 0.382 of AD) with 2.30 Risk/Reward
TP2 = 114.500 (fibo 0.618 of AD) with 3.90 Risk/Reward

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