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Alexander_Nikitin

nzdjpy. butterfly advanced formation.

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Alexander_Nikitin  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
61
4
trendanalysis harmonicpatterns chartpattern
a butterfly advanced formation is completed on nzdjpy. I use 1.272AB extension (the most common) as butterfly advanced formation completion. Some traders use 1.272XA (like harmonic patterns).Pay attention to the large white candle. it is a warning sign that indicates a potential failure.

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