RaynLim

NZDJPY - Bearish Butterfly Pattern

Short
RaynLim Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
A bearish butterfly pattern is so close to being triggered, for this trading setup, a bearish engulfing candle is required to show at Point D before I look for any shorting opportunity, the reason for that is because the movement from C to D is pretty much a single direction(persistence upward movement). Don't just trade blindly, look through the candle movement and decide from there.
Trade active:
SLE: 70.45

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