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GeminiWealthGroup
Sep 26, 2018 7:39 AM

Bearish Butterfly on USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

On the 4hr chart USDJPY - a bearish butterfly has formed. Price might retest the resistance at 113 zone before dropping. This is a great zone to look out for bearish evidence before shorting. There was insider information that banks were looking to take price to 114 before dropping it...but i think the bulls are exhausted... Use proper money management.
Comments
JimboZhou
Dude u r not trippin' 114 then free fall..
GeminiWealthGroup
@JimboZhou, hahaha we make it rain pips bro :)
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