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bizzythemachine
Aug 25, 2022 6:38 PM

Butterfly harmonic on the monthly Long

JAPANESE YEN / WORLD CURRENCY UNITICE

Description

A huge long position is coming for JPY. This is really going to be the one to watch
Comments
MasterSaps
Seems like it has gone lower. Do we consider this pattern broken?
arodriguez2217
Would this send a forex pair like USDJPY to the downside? Bearish for USD, DXY?
bizzythemachine
@arodriguez2217, absolutely. That means USDJPY should be setting up for a huge short back down to 100 and possibly even lower depending.
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