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coffeteaorme
Sep 26, 2016 3:15 AM

NZDJPY Butterfly Pattern 4hr chrt 

New Zealand Dollar/Japanese YenFXCM

Description

Price action is crucial to determine a bull move. RSI OVERSOLD
Watch carefully, stoploss should below previous support
Comments
tmanuelasorina
Your butterfly pattern is very good but it will complete in time.
coffeteaorme
Thank you.
JacobOlaniregun
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
albertokundaye5
based on what premise?
Teekid
perfect.
Dinkan
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.
amozb
Great analysis :)
coffeteaorme
Thank you.
waterman
Thank you for sharing the analysis.
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