coffeteaorme

NZDJPY Butterfly Pattern 4hr chrt

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Price action is crucial to determine a bull move. RSI OVERSOLD
Watch carefully, stoploss should below previous support
perfect.
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Your butterfly pattern is very good but it will complete in time.
+1 Reply
coffeteaorme tmanuelasorina
Thank you.
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The downward trend is not yet over. Also, there isn´t any indication that the price will reverse. Up to that time, it is better to keep selling this pair.
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i disagree with that. it looks like a very risky trade that might either take you out with your sl or range at the bottom
+1 Reply
albertokundaye5 JacobOlaniregun
based on what premise?
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Great analysis :)
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Thank you.
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Thank you for sharing the analysis.
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