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Andre_Cardoso
Feb 6, 2017 11:59 PM

(4h) Bullish Butterfly @ Previous Structure Long

FX:GBPJPY240
British Pound/Japanese YenFXCM

Description

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FX:GBPJPY



Safe Trades;

Comment

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Just to clarify :)

Daily Chart update...


The power of harmonics is exactly this, why suffer with potential pull back, when we can hold our sales and hedge a position.

Nothing is guaranteed, as such, the ratios are on the table, and last decision belongs to each trader...

The odds are on the table, is it worth paying?

This is UJ with similar behavior... (published 1 month ago...)

Comment

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fibs adjustements

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GBPJPYgbpjpylongHarmonic PatternsBullish PatternsButterfly
Comments
kingzark
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sorry cd I mean
kingzark
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your butterfly pattern tutorial says bc cant close above 50% yet this one closes above 618. I don't usually trade butterfly's so I don't know for sure whats the correct retracement for bc?
FtseSignals
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Hope you are wrong, I still project the pair to touch 127.777
Andre_Cardoso
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@FtseSignals, ;) check update
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